Victorian budget focuses on completing projects
By Scott Dywer on 11 May 2018
For congested Victorian roads and public transport, rescue is on the way.
The Labor government reserved a budget of $13.7 billion for Victorian’s infrastructure projects. From the budget, $941 million will go to regional road, $300 million to road maintenance, and $110 million for planning works in the North East Link – a road project that will join the Eastern Freeway and the M80 ring road. More than half-a-billion dollars from the budget will also go to Cranbourne/Pakenham line in the south east for upgrades.
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Moreover, $3 million is allocated for the planning of a new tram-line project from Caulfield Station to Rowville via Chadstone shopping centre. The fast rail project to Geelong is allocated with $50 million budget while the new car parking spaces at train stations in the outer suburbs is allocated with $60 million.
Another $2.2 billion is allocated to fix congestion and ease travel times for 13 major arterial roads in the city’s north and south-east.
Australian Bureau of Statistics (ABS) named East in Melbourne south-east as the fastest-growing suburb in the country and, if trends continue, is expected to overtake Sydney within eight years.