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Infrastructure investment laying the foundations for regional Victoria’s economic recovery


The Morrison-McCormack Government will continue supporting job-creating, economy-boosting infrastructure, as part of our Economic Recovery Plan for Australia, rebuilding our economy to secure regional Victoria’s future.

The Government’s record $110 billion transport infrastructure program and $3.5 billion rolling water infrastructure fund will support local jobs and businesses at the time it is needed most.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the Budget delivered on our economic plan for a stronger and more resilient Australia, boosting the economy, providing water security for regional and rural Australia, meeting our national freight challenge and getting Australians home sooner and safer.

“The Budget includes new and additional funding in the 2020-21 Budget for projects and initiatives, supporting more than 30,000 direct and indirect jobs over the life of the projects, to get Australia back to work and back in business following the pandemic,” the Deputy Prime Minister said.

“Funding is being delivered to critical transport infrastructure projects in every state and territory because this is a Team Australia moment where we need every government to work together to chart the economic road back.”

Minister for Population, Cities and Urban Infrastructure Alan Tudge said the Government was driving the delivery of major infrastructure projects to build the economy and provide certainty for business over the long term.
“Our infrastructure pipeline is driving road investment, substantial rail investment, unlocking the economic potential of our regions and busting congestion in urban areas,” Minister Tudge said.

“The Government’s ongoing commitment to the delivery of City Deals in Townsville, Darwin, Western Sydney, Hobart, Launceston, Geelong and Adelaide will help drive recovery in our cities and make them better places to live.”

Senator for Victoria Sarah Henderson said the Government would invest an additional $2 billion for a new road safety program which will support upgrades.
“Improving road safety in regional Victoria is a core priority for the Government and that’s why this additional investment builds on the $500 million we are already delivering for targeted road safety works,” Senator Henderson said.

“Our community-led recovery plan empowers local governments nation-wide to deliver roads and community infrastructure through an additional $1 billion for the Local Roads and Community Infrastructure (LRCI) Program.

Local Governments across Australia including in regional Victoria will receive these vital funds under the LRCI Program by December 2021, including as follows:

Corangamite and Corio electorates:

· Borough of Queenscliff: new funding: $102,736; total funding: $140,915
· Surf Coast Shire: new funding: $1,580,159; total funding: $2,631,219
· City of Greater Geelong: new funding: $8,262,225; total funding: $10,445,729
· Colac Otway Shire Council: new funding: $1,702,316; total funding: $3,405,516
· Golden Plains Shire Council: new funding: $1,512,680; total funding: $2,846,335

Ballarat electorate:

· City of Ballarat: new funding: $3,900,477; total funding: $5,433,382
· Hepburn Shire Council: new funding: $1,065,819 ; total funding: $2,034,649
· Moorabool Shire Council: new funding: $1,775,796; total funding: $3,057,499

Bendigo electorate:

· City of Greater Bendigo: new funding: $4,601,569; total funding: $6,847,485
· Mount Alexander Shire Council: new funding: $1,240,745; total funding: $2,322,957
· Macedon Ranges Shire Council: new funding: $2,281,225; total funding: $3,722,441
· Mitchell Shire Council: new funding: $1,994,187; total funding: $3,168,443

Gorton electorate:

· Melton City Council: new funding: $5,175,180; total funding: $6,436,098

7 October 2020

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