Federal Budget supports NSW's recovery plan

New South Wales continues to benefit from the Federal Liberal and Nationals Government’s record infrastructure investment, with funding for major new projects to be announced in this week’s 2021-22 Budget, securing Australia’s recovery.

Key projects to be funded include:

• $2.03 billion for the Great Western Highway Upgrade – Katoomba to Lithgow – Construction of East and West Sections
• $400 million for the Princes Highway Corridor - Jervis Bay Road to Sussex Inlet Road – Stage 1
• $240 million for the Mount Ousley Interchange
• $100 million for the Princes Highway Corridor – Jervis Bay Road Intersection
• $87.5 million for M5 Motorway – Moorebank Avenue-Hume Highway Intersection Upgrade
• $52.8 million for Manns Road – Intersection Upgrades at Narara Creek Road and Stockyard Place; and
• $48 million for Pacific Highway – Harrington Road Intersection Upgrade, Coopernook.

Prime Minister Scott Morrison said these projects will make New South Wales roads safer, reduce travel times and support thousands of jobs across the state.

“From upgrading the Great Western and Princes highways, to improving the key road connections in the outer suburbs and regional areas - these projects will support more than 6,500 direct and indirect jobs across New South Wales,” Prime Minister Morrison said.

“Our record funding commitment is creating jobs, boosting business investment, while securing Australia’s COVID recovery.”

Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said this additional investment demonstrated the Government’s commitment to nation-defining infrastructure right here in New South Wales.

“Whether it’s the Western Sydney International (Nancy-Bird Walton) Airport, the Sydney Metro – Western Sydney Airport or the transformative Melbourne to Brisbane Inland Rail, we are investing to build Australia’s future,” the Deputy Prime Minister said.

“Our more than $2 billion investment in upgrading Great Western Highway will bring enormous benefits, both in road safety and in the ongoing jobs that construction will support.

“The Government is driving the delivery of major infrastructure projects to map the economic road back from the pandemic, building the economy and providing certainty for businesses over the long term.”

Minister for Communications, Urban Infrastructure, Cities and the Arts Paul Fletcher said the Australian Government will continue to invest in the NSW economy in the coming years through investments in key urban pinch points such as the Moorebank Avenue and Hume Highway intersections with the M5, and the planning for the Stacey Street corridor in Bankstown.

“This is complemented by targeted road investments along key commuter corridors, including $240 million for the Mount Ousley Interchange near Wollongong and an additional $18 million for Appin Road upgrades,” Minister Fletcher said.

“Major projects delivered over the last year include the Pacific Highway – Woolgoolga to Ballina, which completed the duplication between Hexham and the Queensland border, as well as NorthConnex, which bypassed one of NSW’s most congested routes – Pennant Hills Road.”

The Australian Government looks forward to working constructively with the New South Wales Government to deliver this infrastructure, supporting jobs and businesses right across New South Wales.

For more information on investments in NSW visit http://investment.infrastructure.gov.au.