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

  • Resilient roads: cooperation is key
    June 14, 2021
    Now is the time for national road agencies and the private sector to cooperate on building more climate resilient roads, urges Dr Erik Denneman
    Read More
  • Liebherr’s strong results
    June 15, 2016
    Liebherr reports a record turnover for 2015 at €9.237 billion. This is the highest figure in the Liebherr Group’s history and represents an increase of €414 million or 4.7 % over with 2014. Some €751 million was invested in the business in 2015. Business in Western Europe saw an increase in turnover. Among the contributing factors were positive developments in Germany, the UK and the Netherlands. Sales revenue dropped, however, in France, the Group’s third-largest market. Turnover increased in volume
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Key Australian road projects underway
    December 19, 2014
    In Western Australia plans are in hand for the new Perth freight link. This will run between Muchea and Fremantle, and it will start with the Roe 8 project and extend Roe Highway through to Stock Road. The route will remove some 500 trucks/day from the Leach Highway, helping cut congestion. The project will cost around US$1.3 billion (A$1.6 billion), with funding split between the Western Australia State Government and the Federal Government. The route should be complete in 2016. Also in Australia, work has
    Read More

Highlighted Content