Summary of proposal
Party
Australian Labor Party
Policy Topic
Infrastructure and transport
Portfolio
Infrastructure, Regional Development and Cities
The proposal would provide capped grant funding over the period 2019‐20 to 2029‐30 for major state and territory infrastructure projects, as outlined in the Australian Labor Party policy document Nation‐building Infrastructure, with the following profile.
|
Financial year |
2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Spending ($m) |
1,275 | 1,487 | 1,656 | 2,346 | 2,966 | 2,623 | 2,109 | 1,006 | 747 | 403 | 58 |
The proposal would also provide a $71 million equity injection for the Western Sydney Airport fuel pipeline.
This capped grant and equity funding would be partially offset by reprioritisations within infrastructure spending over the same period, with the following profile.
|
Financial year |
2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Saving ($m) |
342 | 309 | 465 | 1,392 | 1,269 | 1,669 | 1,484 | 1,022 | 998 | 620 | 500 |
This offset is comprised of:
- uncommitted funds from the Roads of Strategic Importance and the Urban Congestion Fund programs
- not proceeding with commitments made by the Commonwealth Government between the 2019‐20 Budget and the 2019 Pre‐election Economic and Fiscal Outlook (PEFO) from the Roads of Strategic Importance and Urban Congestion Fund programs, except where these are outlined in the Australian Labor Party policy document Nation‐building Infrastructure
- other reprioritisations and re‐profiling within existing infrastructure spending.
The proposal would have effect from 1 July 2019