Jan 3, 2010

Fuel Excise and Road Funding

Fuel Excise and Road Funding

The Hon Anthony Albanese MP

The Minister for Infrastructure, Transport,

Regional Development and Local Government

Leader of the House

Member for Grayndler

January 3 2010

Australian motorists are not being short-changed.

In 2006-07 – i.e. the latest available statistics – total road expenditure by all three levels of government ($11.4 billion) exceeded the amount motorists paid in fuel excise ($9.1 billion).

Since then the Rudd Labor Government has more than doubled the Federal roads budget to $27.7 billion over six years, including $3.1 billion for the Pacific Highway, $2.6 billion for the Bruce Highway and almost $1 billion for the Hume Highway.

On top of that we’ve quadrupled investment in rail in an effort to get more people and freight off our roads and onto rail.