 Government has announced a AUD26.4 billion program of investment in the country's road and rail infrastructure. |
Australia's national road network carries 18% of the country's freight and demand is predicted to grow significantly in the future.
As a result, the government has announced a AUD26.4 billion program of investment in the country's road and rail infrastructure.
The six-year program will fund routine maintenance as well as upgrades to poorly designed and congested sections of the transport network.
Specifically, it will:
* Build more than 120 major road and 26 major rail projects or packages of work;
* Make available an extra $450 million in maintenance money;
* Provide additional assistance for local councils to maintain their local roads;
* Eliminate thousands of dangerous black spots;
* Install boom gates and other safety measures at over 250 high-risk level crossings; and
* Construct additional rest stops for heavy vehicles.