Both the Liberal Party and the Australian Labor Party (ALP) have made significant commitments in the election campaign to upgrade existing and build new infrastructure across Australia.
Scott Morrison stated in his April 2 budget speech that “cranes, hard hats and heavy machinery will be seen across the country, as we build Australia for current and future generations.” Similar promises have been made by Bill Shorten if the Australian Labor Party is elected.
The Liberal and Nationals Government has proposed a $100 billion investment in transport infrastructure over the next 10 years which includes major road upgrades to bust congestion, improve safety and help businesses move more efficiently and better public transport to improve accessibility and liveability in our cities. This includes $2b in a high-speed rail link between Geelong and Melbourne and a $9.3b freight link between Melbourne and Brisbane.
The ALP has made significant commitments to transport infrastructure as well (see detailed list below). Additionally, they have made significant commitments to hospital expansions and upgrades, upgrading Australia’s energy transmission and distribution systems upgrade and the revitalisation of TAFE campuses across Australia.
On the environmental front the Coalition is proposing to establish a $2 billion Climate Solutions Fund which will invest $1.4 billion in the Snowy Hydro Scheme and a build a second inter-connector to bring renewable power from Tasmania to the mainland.
The ALP will double the original investment in the Clean Energy Finance Corporation (CEFC) by $10 billion to support new generation and storage, concessional loans for household purchases of solar and battery systems and commercial community renewables projects. This funding includes $1 billion to install solar panels at thousands of schools in a scheme to create 'virtual power plants' that put energy back into the electricity grid.
The major commitments by the Liberal and Labor Parties in the 2019 Federal Election are detailed below:
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