Western Australia’s additional road funding

Western Australia is receive an extra US$397 million (A$499 million) in road funding from the Australian Government. This is in order to make up for a huge fall in the state’s revenues, due at least in part to the drop in mining activity. The Australian Government believes the funding will allow Western Australia to proceed with its plans to construct key infrastructure projects.
May 7, 2015 Read time: 1 min
Western Australia is receive an extra US$397 million (A$499 million) in road funding from the Australian Government. This is in order to make up for a huge fall in the state’s revenues, due at least in part to the drop in mining activity. The Australian Government believes the funding will allow Western Australia to proceed with its plans to construct key infrastructure projects.
Finance & Funding

Related Content

  • New South Wales backpedals over WestConnex cycling bridge
    April 30, 2019
    Controversy has again hit Australia’s WestConnex project in Sydney with media reports the a planned cycle and pedestrian bridge is to be axed. In its place will be a new raised flyover running through the residential and parkland area, according to a report in The Age newspaper. The Pedestrian and Cycling Green Link was part of the original planning permission for the US$11.85 billion WestConnex project and was to rise above parts of the surface motorway in Rozelle and Lilyfield neighbourhoods. The
    Read More
  • Free flow tolling technology is booming
    April 10, 2013
    Jon Masters reports on the latest moves in the free-flow tolling segment. Free-flow tolling of roads and discrete infrastructure, such as bridges and tunnels, is an area of transportation that appears to be booming. Tolling in general is on the up, often still as a means for funding road projects where public sector budgets can no longer cover the necessary costs, but not exclusively so. Several high profile examples of road user charging for ‘demand management’ – the reduction of congestion as part of a wi
    Read More
  • High fuel prices impact on global trade
    February 27, 2012
    Official statistics can often reveal the blindingly obvious to anyone with the remotest level of common sense. A report from the UK's Office for National Statistics presents a fine example, stating that fewer journeys were made during the recession.
    Read More
  • Wacker Neuson Group confident for 2016 despite a difficult start
    May 13, 2016
    During the first quarter of 2016, international light and compact equipment manufacturer Wacker Neuson continued to feel the impact of difficult conditions across many of its markets, in particular in the Americas region. Although the group managed to maintain revenue at almost the same level as the record-breaking prior-year quarter, it reported lower profit figures for the period. Company management confirmed its forecast for fiscal 2016. Group revenue for the first quarter of 2016 amounted to €316.
    Read More

Highlighted Content