2019-20 Federal Budget Report: Investing in the Community

The Government will invest a record $100 billion to build a bigger, better and safer community.

What was announced

  • Large scale investment in transport infrastructure over the next 10 years
  • $5.7 billion towards development in Townsville, Launceston. Western Sydney, Darwin, Hobart, Geelong and Adelaide
  • Significant investment in fast rail routes, including $2 billion for travel between Melbourne and Geelong
  • $220 million for improved internet and mobile phone connectivity in regional Australia

Key Points

With family, business, community and country being a focal point of this year’s budget, record infrastructure spending over the next 10 years is targeted nationwide, including:

  • $2 billion for fast rail between Melbourne and Geelong, cutting the journey time in half to 32 minutes
  • A fourfold increase in the Urban Congestion Fund to $4 billion, with projects to target congestion in some of our worst affected urban areas. This includes $500 million to establish the Commuter Car Park Fund to allow more people to park and ride, taking tens of thousands of cars off our major roads per day
  • Road Safety Package of $2.2 billion, including $1.1 billion for vital maintenance and repair, $550 million increased funding for the Black Spots Program, and $571 million for bridge renewals and safety including heavy vehicles
  • City Deals with a commitment of $5.7 billion are being delivered in Townsville, Launceston, Western Sydney, Darwin, Hobart, Geelong and Adelaide. These Deals are prioritising increased access to jobs, services and affordable housing, and stimulating economic activity through infrastructure and innovation
  • A further $220 million towards the Mobile Black Spot Program and the Regional Connectivity Program to upgrade wireless infrastructure and provide expanded mobile coverage.
  • Affordable, reliable and sustainable energy by investing $1.4 billion in the Snowy 2.0 project in NSW and $56 million for a feasibility study for the Marinus Link interconnector across Bass Strait to unlock Tasmania’s energy capacity through the Battery of the Nation project.