Share This

Article

Tuesday, 12th May 2009

Budget Provides Historic Investment In Rail


These projects build on the rail commitments being delivered under our existing $26.7 billion Nation Building Program, with work to start on the following projects within the next 12 months:



  • Rail access improvements at Port Botany in New South Wales: construction is expected to commence in 2009 and is scheduled for completion in 2013. Total Federal investment will be $150 million.

  • Rail upgrades at Geelong Port in Victoria: construction is expected to commence in 2010 and is scheduled for completion in 2011. Total Federal investment will be $50 million.

  • Rail capacity improvements at Rhyndaston in Tasmania: construction is expected to commence in 2010 and is scheduled for completion in 2012. Total Federal investment will be $24 million.

  • Capacity improvements on the Main North-South rail line in Tasmania: construction is expected to commence in 2010 and is scheduled for completion in 2012. Total Federal investment will be $31.6 million.


Separately, in the coming financial year the Government will pay the majority of its $1.2 billion capital injection in the Australian Rail Track Corporation (ARTC). This transaction was part of the December stimulus package, with the funds being used to upgrade the Hunter's coal export chain as well as other key sections of the interstate rail network.


With the support and investment we're providing over coming years, this century is shaping up to be another 'golden age' for rail.


Together, our much greater investment in road and rail will lift the economy's capacity constraints and ensure Australia emerges from the global recession in a strong position. Our aim is to build a truly national and integrated transport system.


Sign up to get the latest news from Anthony

See the latest News
About Anthony
Meet AnthonyAnthony's Story

Electorate Office

334a Marrickville Road
MARRICKVILLE NSW 2204

Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au

Parliament House Office

PO Box 6022
CANBERRA ACT 2600

Phone: (02) 6277 4022
Fax: (02) 6277 8562

Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au

DisclaimerPrivacyTerms

Electorate Office

334a Marrickville Road
MARRICKVILLE NSW 2204

Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au

Parliament House Office

PO Box 6022
CANBERRA ACT 2600

Phone: (02) 6277 4022
Fax: (02) 6277 8562

Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au

We acknowledge the traditional custodians of the land on which our offices stand and we pay our respects to Elders past, present and emerging. We acknowledge the sorrow of the Stolen Generations and the impacts of colonisation on Aboriginal and Torres Strait Islander peoples. We also recognise the resilience, strength and pride of the Aboriginal and Torres Strait Islander communities.

Authorised by Anthony Albanese. 334a Marrickville Rd, Marrickville NSW 2204.