The Turnbull Government has announced a new $1.52 billion investment in Victorian infrastructure to ease congestion and provide better rail services right across the state.
The planned major upgrades to rail in regional Victoria are expected to create over 1,000 new jobs.
The federal government will provide majority funding for these works, investing $1.42 billion to improve services on most regional lines in the state. Victoria will provide $150 million towards these works.
This investment will see new services added, travel times slashed and stations upgraded, and include:
- $555.6 million - Ballarat Line
- $435 million - Gippsland Line
- $140 million - North East Line
- $110 million - Surf Coast rail including Waurn Ponds duplication
- $114 million - Warrnambool Line
- $91 million - Bendigo and Echuca Line
- $95 million - Avon River Bridge upgrade
- $20.2 million - Murray Basin freight rail, taking the total Commonwealth commitment to the project to $240 million
- $10 million - Shepparton Line
The Commonwealth will also provide $30 million towards a Melbourne Airport rail link, as announced in the recent Budget.
The total amount of Commonwealth funding available for Victorian projects is estimated by the government at $4.5 billion. Further funding is available for metro and regional rail in Victoria under the $10 billion transformational National Rail Program announced in the recent Federal Budget. Victoria will also significantly benefit from the $8.4 billion Inland Rail project between Brisbane and Melbourne.
The announcement provides an additional $509 million on top of the $1 billion commitment to Victorian infrastructure announced in the Budget, and builds on the Commonwealth’s existing investments in Victoria. This includes $500 million for the Western Highway, $200 million for the Tullamarine Freeway Widening, and the $1.5 billion infrastructure package announced in November 2016 incorporating:
- $500 million to upgrade the Monash Freeway;
- $350 million to complete the M80 Ring Road upgrades;
- $220 million for Murray Basin freight Rail;
- $345 million for a Rural and Regional Roads Package; and
- $85 million for an Urban Congestion Package.