Decline in Australia's coming road investment

Australia’s Government will invest US$12.4 billion (A$12.5 billion) on the country’s road network in the 2014-2015 financial year. This does represent a decline from the $16 billion (A$16.1 billion) invested in roads by the Australian Government in the last financial year however.
May 22, 2012 Read time: 1 min
Australia’s Government will invest US$12.4 billion (A$12.5 billion) on the country’s road network in the 2014-2015 financial year. This does represent a decline from the $16 billion (A$16.1 billion) invested in roads by the Australian Government in the last financial year however.

Related Content

  • Analysing green Australian procurement practices
    December 16, 2014
    Adriana Sanchez and Keith Hampson of the Sustainable Built Environment National Research Centre (SBEnrc) discuss green procurement Procurement has a key role impacting the lifecycle of a construction project and can serve to drive many sustainability outcomes. Green procurement in particular can be used as a strategic tool to promote certain behaviour and as an environmental policy instrument to translate environmental policies into environmentally sustainable project processes, products and services. Th
    Read More
  • Australia’s road safety problems are a cause for concern
    January 23, 2019
    The Australian Road Research Board (ARRB) has highlighted key problems with road safety. According to the ARRB, these issues must be addressed if Australia’s road casualty rate is to be reduced. Road death tolls are being reduced as he latest results show, but more work needs to be done. According to the ARRB, the road death tolls in Victoria dropped 20% for 2018 when compared with the previous year. This is a major improvement, showing the gains made by Victoria’s road agency VicRoads and the state’s Tr
    Read More
  • Wacker Neuson’s strong results reflect demand for small equipment
    November 12, 2015
    The latest financial results for Wacker Neuson reveal strong demand for compact construction machines. The firm has reported revenue in excess of €1 billion for the first nine months of 2015. This marks an increase in business activity compared to the same period last year and a record high for the group. In light of the downturn in key markets in the third quarter, the company revised its forecast for 2015 downwards. However, it still expects to achieve record revenue business levels for 2015.
    Read More
  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
    Read More

Highlighted Content