..


News

  • Written by Malcolm Turnbull


The Turnbull Government will invest in projects that bust congestion to ensure Australians can get home to their families sooner and safer, through a $1 billion Urban Congestion Fund.

The Fund forms part of the Government’s $75 billion ten-year pipeline of infrastructure across every state and territory which was announced in this week’s Budget.

It is a new initiative that will help the states and territories to eliminate the pinch-points and bottlenecks which frustrate commuters on a daily basis.

Congestion is having a negative impact on productivity by obstructing access to ports and markets and adding to operating costs.

The estimated avoidable cost of congestion is over $16.5 billion per year.

The Fund will support projects that bust congestion, with a focus on last mile access to export ports, airports, employment and freight hubs.

Due to the types of projects that will be supported through the Fund, the states and territories will be asked to match funding for projects on a 50:50 basis.

The use of innovative funding and financing opportunities will also be encouraged.

The Fund will help to drive better productivity outcomes, improved efficiency and job creation.

It will also complement the support provided to regional corridors through the $3.5 billion Roads of Strategic Importance (ROSI) initiative by assisting freight operators and commuters experiencing congestion when they reach urban areas.

The Turnbull Government’s pipeline of infrastructure includes $24.5 billion worth of new projects.

These investments can only be made because of the Turnbull Government’s strong Budget management.

By getting the budget under control, the Liberal and Nationals Government is able to invest in the critical infrastructure that will make a real difference to the lives of all Australians.

Politics

Union demands paint a bleak future under Shorten

It’s time for Bill Shorten to come clean and rule out extreme changes to Australia’s industrial relations laws that would wind the clock back to the strike-torn Whitlam era.   As the ACTU prepares...

Doorstop at AKD Sawmill with Trevor Ruthenberg, LNP Candidate for Longman

MR TREVOR RUTHENBERG, LNP CANDIDATE FOR LONGMAN: Well morning folks. Welcome to Caboolture, welcome to Longman. This is a fantastic day for local jobs. This is a fantastic day for our community. ...

Australia’s resource and energy export figures are on track to set a new record

Resources and energy exports setting NEW records   Australia’s resource and energy export figures are on track to set a new record of $226 billion in 2017–18 – and go even higher this year – accor...

Business News

What is the best structure to use when starting up a business

Coco Hou, tax specialist and accountant, has shared her advice for people who are starting up their own businesses, setting up side gigs, or moving into consultancy work. The start of the new financ...

Leading Employment Firm in WA 2018

Only a certain few start their careers as the boss. For most of us, we get employed by companies and in most cases, we never really find the need to hire employment lawyers. But if we do, hiring an ...

Hertz collaborates with UbiPark to develop simpler mobility solution

Today, smart parking solutions provider UbiPark and leading vehicle rental brand Hertz Australia have announced a strategic collaboration to develop smarter mobility solutions. The collaboration ...

Travel

Winter In Rotorua: Things To Do

While many travelers consider the summer months to be the prime traveling season, there are thousands and thousands of travelers who love to take to their campervan hire australia journeys when the ...

Discover Hong Kong Your Way With Ecruising

From July – November 2018, Ecruising in partnership with Hong Kong Tourism and Royal Caribbean, including Azamara and Celebrity Cruises are offering travellers new and exclusive cruising itinerari...

Save on the ultimate family escape at AYANA Resort and Spa, BALI

Re-connect, relax and refresh with a school holiday break that’ll win over the whole family   SYDNEY, Australia – July 2018:  The luxury integrated AYANA Resort and Spa, BALI, overlooking beautifu...

You might also like