1/30/2024 0 Comments Federal budget 2021 date australia![]() ![]() In a Media Release issued on 11 May, the Minister commented that: provides for a “record” investment in infrastructure by way of an additional $15.2 billion in new commitments to infrastructure projects (supporting an estimated 30,000 jobs across Australia).ĭeputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the substantial new funding delivered in this year’s Budget was a key plank of the Federal Government’s plan to help Australia bounce back stronger than ever from the COVID-19 pandemic.notes that the Australian economy is strengthening and, combined with good health and labour market outcomes, the Government’s temporary and targeted Covid-19 support has been effective in protecting the economy and.Overview of the Australian Federal Budget The Budget contains a number of other infrastructure related measures and extension of tax incentives as outlined in the article below. $26.5 million for William Hovell Drive Duplication in the Australian Capital Territory.$80 million for Bass Highway Safety and Freight Efficiency Upgrades in Tasmania and.$150 million for National Network Highway Upgrades (Phase 2) in the Northern Territory.$160 million for Agricultural Supply Chain Improvements – Package 1 in Western Australia.$161.6 million for the Truro Bypass in South Australia.$400 million for Inland Freight Route (Mungindi to Charters Towers) Upgrades in Queensland.$2.03 billion for Great Western Highway Upgrade – Katoomba to Lithgow – Construction of East and West Sections in New South Wales. ![]()
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