Nation Building Video Transcript
I'm Anthony Albanese, Minister for Infrastructure, Transport, Regional Development and Local Government.
The Rudd Labor Government has just brought down our second Budget. At its heart is a nation building agenda which will put people to work today building the infrastructure that Australia will need tomorrow.
This year's Budget provides $8.5 billion in new funding for 15 nationally significant rail, road and port infrastructure projects.
These projects will lift national productivity, tackle urban congestion and build a stronger economy. They will also support thousands of jobs in these tough economic times.
As one of the most urbanised nations in the world, Australia's future economic success will largely depend on having sustainable, well-planned and productive cities.
Better public transport will be crucial to achieving this outcome.
That's why the Budget marks an historic change, with this Government becoming the first ever national government to invest significantly in passenger rail infrastructure for our cities.
- In Victoria, we will invest $3.2 billion to construct a new rail link from West Werribee to Southern Cross Station; and fund preconstruction work on the East-West Rail Tunnel.
- In Adelaide, we will extend the existing rail system to Seaford; modernise and electrify the Gawler Rail Line; and complete construction of a dedicated corridor for the O-Bahn.
- For Sydneysiders we will invest $91 million to prepare the way for work to begin on the West Metro - a new underground rail line linking Parramatta to the CBD.
- In the West, we are providing $236 million to sink the existing rail line and build a new platform at Perth City station.
- And in a major boost for public transport in Queensland's south east, we will invest $365 million in a light rail network for the Gold Coast and provide a further $20 million to begin planning for the longer term metro rail infrastructure needs of Brisbane.
This much greater investment in rail is being complemented by better targeted road spending, with the aim of building a truly integrated national transport system.
In NSW we will build the Hunter Expressway, a new 40-kilometre, dual carriage-way linking the F3 to the communities of the lower Hunter.
On the North Coast, we will invest $618 million to construct the Kempsey Bypass on the Pacific Highway. This brings our total commitment to this vital road to more than $3.1 billion.
North of Brisbane, we are providing an additional $488 million to begin duplicating the Bruce Highway between Cooroy and Curra.
While in outer Brisbane we are providing an additional $884 million to complete the full upgrade of the Ipswich Motorway between Dinmore and Darra. This brings our total commitment to this motorway to some $2.5 billion.
On top of these major road and rail projects, we are the first Federal government to make a significant investment in the nation's port infrastructure.
Specifically, we have set aside $339 million for the proposed new deep water port at Oakajee and $50 million to expand Darwin Port.