Powered by MOMENTUM MEDIA
Revealed: Where NSW is spending big on infrastructure
research
1 minute read

Revealed: Where NSW is spending big on infrastructure

Revealed: Where NSW is spending big on infrastructure

by Sasha Karen | June 18, 2019 | 1 minute read

The NSW state budget for 2019-20 has been handed down, with a record spend on infrastructure. Here’s where the money’s being planned to be spent.

Gladys Berejiklian
June 18, 2019

The Berejiklian government handed down the NSW state budget for 2019-20 and in it detailed a record-breaking spending of $93 billion over the next four years to 2022-23.

Of this, a record spending of $55.6 billion for public transport and roads around the state, as well as $10.1 billion for over 40 new and upgraded hospitals and $7.3 billion towards over 190 new and upgraded schools.

Here’s the breakdown of what projects are receiving funding:

Roads and transport infrastructure

Over $55 billion is planned to go towards road-related infrastructure over the next four years, which includes:

Advertisement
Advertisement
  • An undisclosed amount of funding is going towards the Sydney Metro City and Southwest rail, which will connect Crows NestCrows Nest, QLD Crows Nest, NSW, Victoria Cross, Barangaroo, Martin Place, Pitt Street and Waterloo, opening in 2024
  • $6.4 billion is going towards the Sydney Metro West rail, which is planned to provide an underground network between the Sydney CBD and the Greater Parramatta area, with construction starting in 2020 and an estimated completion date in the second half of the 2020s
  • An undisclosed amount of funding is going towards the North South Metro Rail Link - Stage 1, which is planned to connect St MarysSt Marys, NSW St Marys, TAS to the upcoming Western Sydney Aerotropolis and the Western Sydney International (Nancy-Bird Walton) Airport, with completion predicted for 2026
  • $695 million is going towards technology upgrades to reduce congestion
  • $450 million towards 12 pinch points at intersections along major arterial roads and regional links around Sydney
  • $1.3 billion towards improving the roads in Western Sydney, which includes:
    • $404 million towards upgrading The Northern Road between Narellan and Penrith
    • $145.3 million towards planning and preconstruction costs for the M12 Motorway
    • $561 million towards the Parramatta Light Rail Stage 1
    • $107 to the M4 Smart Motorway to improve trip reliability and road safety
  • $1 billion over five years towards fixing regional bridges, which includes:
    • $500 million for the Fixing Country Bridges program
    • $500 million for the Fixing Local Roads program

Education infrastructure

Over $6 billion is planned to go towards school-related infrastructure over the next four years, which includes:

Health infrastructure

Over $10 billion is planned to go towards health-related infrastructure over the next four years, which includes:

share the article

Subscribe to get the latest news and updates - join a community of over 80,000 property investors.

Check this box to receive podcast updates

From the web

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.