Budget set for transport in Australia’s New South Wales

Major transport development is set to commence in the Australian state of New South Wales following the setting of a new budget by the authorities.
June 21, 2017 Read time: 1 min

Major transport development is set to commence in the Australian state of New South Wales following the setting of a new budget by the authorities. The budget for the 2017-2018 period will see some US$8.38 billion (A$11 billion) being spent on transport projects. One of the biggest projects budgeted is for the construction of the WestConnex motorway, costing US$2.44 billion (A$3.2 billion). A further US$495 million (A$650 million) is being spent on improving the roads close to the new Western Sydney Airport.

Road Structures Finance & Funding

Related Content

  • Modern road system is 'a must'
    August 2, 2012
    Australia's GDP could see a major increase if traffic bottlenecks in big cities were to be removed, and the government is addressing this as a matter of urgency A modern road system is a must in Australia where it is estimated that the removal of traffic bottlenecks could potentially raise the country's GDP by 0.8%. According to the Committee for Economic Development of Australia (CEDA), which made the prediction, infrastructure bottlenecks (particularly in cities, which account for over 70% of the country'
    Read More
  • New toll-free motorway in Sydney
    May 10, 2023
    A new toll-free motorway is being built in Sydney.
    Read More
  • Go-ahead given for Sydney’s US$10.92bn Westconnex motorway
    September 19, 2013
    New South Wales Premier Barry O'Farrell has given the go-ahead for the US$10.92 billion (AUD 11.5 billion) Westconnex motorway project in Sydney, Australia. A total of $1.4 billion (AUD 1.5 billion) has been pledged by Prime Minister Tony Abbott over four years, while $1.68 billion (AUD 1.8 billion) has been committed by the state government. The private sector will channel the remaining fund through tolls. A toll for using the 33km motorway will be reportedly capped at $7.21 (AUD 7.70). With its constru
    Read More
  • Set the ALARM for repairs in England and Wales
    January 10, 2019
    More than 3,900km of roads in England and Wales will need essential maintenance within the next year, according to the annual ALARM survey* Cash-strapped local governments are reporting that the gap between the funds they received and the amount they needed for repairs and maintenance was almost €639 million. This equated to an average shortfall of €3.75 million for every authority. It would take 14 years to get local roads back into a reasonable steady state, but only if adequate funds and resources wer
    Read More

Highlighted Content