2022-23 Federal Budget: $639m funding for TAS infrastructure projects

Monica Gameng   |   April 4, 2022
Hobart, Tasmania (cr: Pixabay - vincentbai319)

The Australian Government is continuing to invest in new and existing infrastructure projects across the nation, including a $639 million funding to deliver Tasmania’s infrastructure pipeline. 

Funded through the 2022-23 Federal Budget, this significant investment will not only create jobs and drive economic growth, but it will also help keep commuters and freight safe and moving. 

The Government’s investment in new and existing infrastructure projects in every state and territory builds on the national rolling 10-year infrastructure investment pipeline, which has reached a record $120 billion. 

“Continuing to provide record future funding for road and rail projects is a key part of our economic plan for the long term to keep our economy strong. 

“By investing in these projects we are delivering the infrastructure that the Australian economy needs to grow, to get Australians home sooner and safer, and generate thousands of jobs and new opportunities for small businesses right across the State. 

“Australia’s future success relies on a strong economy. Our strong economic recovery is being driven by our record funding for major road projects right across the country,” Prime Minister Scott Morrison said. 

Key new projects covered by the multi-million-dollar funding include: 

  • $336 million for the Tasmanian Roads Package – Northern Roads Package – Stage 2 
  • $100 million for the Great Eastern Driver Tourism Support – additional packages 
  • $96 million for the Tasmanian Freight Rail Revitalisation Program – Tranche 4 

The new funding commitment for infrastructure projects in Tasmania is expected to support over 2,500 direct and indirect jobs, which provides Tasmanian businesses and communities with certainty and security. 

Since 2013, the Australian Government has invested more than $4.5 billion across 98 road and rail infrastructure projects across Tasmania, where 52 have already been completed. 

Transport infrastructure projects, funded by the Australian Government, that are currently under construction across the State are anticipated to support approximately 750 jobs. 

“We are investing in projects that will drive the growth of industries that generate the wealth our nation needs to become as strong as possible as quickly as possible. 

“Getting more commodities to ports and sending them overseas will generate more export income, making our nation wealthier and stronger. Better roads and infrastructure will enable that,” Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Barnaby Joyce said. 

Below is the list of new projects that will receive funding through the $639 million investment for Tasmania. 

New Projects

Project Name Total Australian Government Contribution Regional Status Location
Tasmanian Roads Package - Northern Roads Package - Stage 2 $336 million Regional North East TAS
Great Eastern Drive Tourism Support - additional packages $100 million Regional East Coast TAS
Tasmanian Freight Rail Revitalisation Program - Tranche 4 $96 million Regional Various TAS areas
Tasmanian Roads Package - Tasman Highway Sideling Upgrade - Stage 2 $56 million Regional North East TAS
Bell Bay Line - Reconnection to the Bell Bay Wharf $24 million Regional North East TAS
Melba Line Bulk Minerals Rail Hub $14.4 million Regional North West TAS
Hobart - Northern Transit Corridor Solution $13.5 million Urban Hobart to Glenorchy, southern TAS

 

Source: Minister for Infrastructure, Transport and Regional Development; Minister for Communications, Urban Infrastructure, Cities and the Arts 

New call-to-action

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

Projects
Infrastructure Priority List 2019: projects across TAS, ACT, NT and interstate

In mid-February, Infrastructure Australia released its annual Infrastructure Priority List which shows 121 vital infrastructure projects that will help build the nation. It includes eight high-priority and 10 priority projects as well as 29 high-priority and priority initiatives.

News, Projects
Budget 2019-20 highlighted nation-building projects

The Australian Government has released the Budget 2019-20 which focus on delivering infrastructure that will aid in managing the nation’s growing population as well as help meet the country’s freight challenge and to get Australians home quicker and safer.

Projects
2022-23 Federal Budget: $2.8bn funding for SA infrastructure projects

A $2.8 billion funding commitment has been announced for South Australia’s infrastructure pipeline, as part of the Australian Government’s 2022-23 Budget. 

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog.

Join thousands of construction and mining pros getting the best content right in their inbox.

✓ updates on Australia's pipeline of state and federal projects

✓ fresh contract awards from major contractors and builders

Complete the form to get started