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Building Australia Fund Projects

The Australian Government established the Building Australia Fund to fund critical infrastructure in the transport, communications, water and energy sectors of the economy. The Nation-building Funds Act 2008 was enacted on 18 December 2008.

Following the 2008 Council of Australian Governments (COAG) meeting, Infrastructure Australia was asked to conduct a National Infrastructure Audit and to develop and maintain an Infrastructure Priority List, to enable the Government to make decisions on priority projects that will advance Australia’s nation building agenda.

The Government considered Infrastructure Australia’s Priority List in determining 2009-10 Budget outcomes.

In the 2009-10 Budget the Government committed $8.5 billion to projects for road, rail and port infrastructure. Of this $7.6 billion is to be funded through the Building Australia Fund. See Nation building infrastructure for productivity and prosperity.

The major infrastructure projects funded through the Building Australia Fund are listed below. A link for each project will provide more detailed information.

New South Wales

  • Hunter Expressway - construction is expected to commence in 2010 and is scheduled for completion by 2013. The total Federal investment will be $1.5 billion.

  • Pacific Highway - Kempsey Bypass – construction is expected to commence in 2010 and is scheduled for completion by 2014. The total Federal investment will be $618 million, bringing the overall commitment to the Pacific Highway to $3.1 billion.

  • West Metro - preconstruction work (Sydney) - the Government is providing direct financial support for pre construction, planning, design and engineering works. This will ensure the project is ready for public tender in 2010.

Queensland

  • Ipswich Motorway - Additional Works - construction commenced in 2009 and is scheduled for completion by 2012. The total Federal investment will be $884 million, bringing the overall commitment to the Ipswich Motorway to over $2.5 billion.

  • Gold Coast Rapid Transit - construction is expected to commence in 2011 and is scheduled for completion in 2013. The total Federal investment will be $365 million.

South Australia

  • Gawler Rail Line Modernisation - construction is expected to commence in 2010 and is scheduled for completion in 2013. The total Federal investment will be $293.5 million.

  • Noarlunga to Seaford Rail Extension - construction is expected to commence in 2010 and is scheduled for completion in 2013. The total Federal investment will be $291.2 million.

Victoria

  • Regional Rail Link - construction is expected to commence in 2010 and is scheduled for completion in 2014. The total Federal investment will be $3.2 billion.

  • Melbourne Metro 1 - Preconstruction Work - construction is expected to commence in 2012 and is scheduled for completion in 2018. The total Federal investment will be $40 million.

Western Australia

Northern Territory

  • Darwin Port Expansion - construction is expected to commence in 2010-11 and additional berths could be operational from 2012-13.

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Last Updated: 25 January, 2010