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

  • Slovakia to tap into the European Fund for Strategic Investment
    December 4, 2014
    The Slovak Finance Ministry has confirmed that it has earmarked two projects for which it will apply to the EU for funds from the newly created European Fund for Strategic Investment (EFSI). European Commission President Jean-Claude Juncker recently announced the creation of the US$26.2 billion EFSI fund as part of EC's $388 billion three-year investment plan to boost Europe's struggling economy. The two projects for which Slovakia plans to apply for funds from EFSI are the completion of the construct
  • Strabag ends 2016 with a record order backlog
    April 27, 2017
    The Austrian publicly listed construction group Strabag posted a record year 2016, with an order backlog at a record-high of €14.8 billion. Thomas Birtel, chief executive of Strabag, said that 2016 was a “satisfactory and eventful” year for the company. “We managed to acquire the minority interest in our subsidiary [civil engineering company] Ed Züblin in Stuttgart and of the remaining stake in Raiffeisen evolution, now called Strabag Real Estate.” Both companies are now wholly owned by Strabag. Consolidate
  • Infrastructure funding secured for Australia’s Victoria and Queensland States
    October 27, 2022
    Infrastructure funding has been secured for Australia’s Victoria and Queensland States.
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP