Skip to main content

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

  • Major investment planned for Russia’s Federal Road network
    December 10, 2012
    Russia will spend some of its revenues from its oil industry on improving its road network. Some 350km of Federal Roads were built in Russia in 2011 and 230km of Federal Roads have been constructed in Russia so far during 2012. Spending on Russia’s Federal Roads was US$$12.7 billion during this year. The investment in Russia’s Federal Roads is expected to increase to $14.6 billion in 2013, and to $16.6 billion by 2015. The work is needed as just 30% of Federal Roads currently meet requirements. And in capit
  • IRF data 2018: Europe sees a decrease in road expenditure and road maintenance expenditure
    December 11, 2018
    The IRF World Road Statistics (WRS) 2018 edition has just been released. First analysis of the data on road expenditure and road maintenance expenditure in Europe shows a decrease of 11% and 8%, respectively, for the period of 2011 to 2016. Investing in roads and their maintenance is essential for economic growth and the mobility of a region. Maintenance by itself is crucial since poorly maintained roads lead to a downfall of the road network value, resulting in higher future costs related to road safety,
  • Upgrade planned for Australia’s historic Great Ocean Road
    December 19, 2013
    Australia’s historic Great Ocean Road looks set to benefit from a major upgrade. This twisty tourist route runs along the coast in the state of Victoria and will receive US$44.7 million (A$50 million) in funding, which is being provided in an equal split between the Australian Federal Government and the Victoria State Government. The scenic route was constructed between WWI and WWII and largely by hand as part of a government scheme to reduce unemployment, as well as to provide access to a remote area of th
  • Roads a priority in Oman’s $14.8bn infrastructure spend
    May 29, 2013
    An upcoming summit will look at opportunities offered by Oman’s infrastructure plans. Oman is planning to spend some US$14.8 billion on infrastructure in the coming years. The figure, almost half of the country’s 8th Five-Year Development Plan for 2011-2015, has been earmarked for overhauling roads, ports and airports with the objective to link the three modes of transport to improve interconnectivity. Oman’s huge infrastructure will include numerous road projects, bridge structures, tunnel constructions an