Major jobs and infrastructure boost for Western Australia

03 May 2018

WA Government: The Turnbull and McGowan Governments have agreed to build historic, major infrastructure projects that will create thousands of jobs, stimulate economic growth and crush congestion, allowing commuters to get home more quickly and safely.

Federal funding of $3.2 billion in the 2018-19 Commonwealth Budget, will facilitate the construction of $5.4 billion in infrastructure development for Western Australia, based on current cost estimates and subject to business cases as appropriate.

This follows on from last year's agreement on a $2.3 billion 'Boosting Jobs, Busting Congestion' package, which was included in last year's Budget.

This significant infrastructure package will provide a major boost to WA's local economy, with many thousands of jobs expected to be created during construction.

The Turnbull and McGowan Governments are jointly committed to delivering the next stage of the expansion of the Perth rail network through METRONET, which aims to tackle urban congestion in Perth.

In this year's Budget, the Turnbull Government will commit a further $1.05 billion federal investment towards METRONET.

This means total federal funding towards METRONET will now exceed $1.84 billion.

This comes on top of the $490 million towards the Forrestfield Airport link funded through the 2016 GST top-up payment.

The Federal and WA Governments will also sign a Memorandum of Understanding to negotiate a Perth City Deal over the next twelve months.

The City Deal is designed to leverage the transformative investment in METRONET to deliver city shaping reforms in the areas of land use planning, housing release and affordable housing and smart infrastructure.

We are committed to continue improving outcomes for West Australians and lifting productivity by investing in transformational urban infrastructure.

METRONET

 Roads

State Government funding will be provided towards these METRONET and road projects, subject to normal State Budget processes and further federal funding may be sought from existing Federal Government infrastructure programs.

As always, final METRONET and road project costs will be determined as part of business case development. Cost estimates are indicative as always and the State Government will provide final costs following business case development in the usual way.

Myalup-Wellington Dam Project

The Turnbull Government will also provide up to $140 million in federal funding and a concessional loan of up to $50 million towards the Myalup-Wellington Dam Project.

The project will divert high saline inflows upstream from Wellington Dam for desalination, improving the quality of water stored in and released from the dam for agriculture.

GST top-up payments towards WA Hospital Infrastructure

The Turnbull Government has agreed to allocate the federal WA GST top-up payment this year of $188.9 million towards the following WA hospital infrastructure projects:

This WA infrastructure package will help to better connect the fast-growing areas of the north and south of Perth and improve a number of key freight routes. It will deliver jobs and improve amenities, while also unlocking future urban and regional development opportunities across Western Australia.

These game-changing, transformative projects will improve the lives of West Australians and the benefits will flow across the entire state.

There will also be other opportunities for Western Australia to access federal funding towards vital productivity enhancing and congestion busting infrastructure.

 

--ENDS--

 

Source:  Western Australia Government - www.mediastatements.wa.gov.au

Contact:  Premier's office - 6552 5000

External Links:  N/A

Recent news by:  WA Government

 

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