A new $1.5 billion Australian Government infrastructure package will provide an immediate injection into the economy and bring jobs back online to help stem the impact of COVID-19.
Federal Member for Longman Terry Young MP said getting shovels in the ground on local construction projects was important for maintaining jobs and economic growth in Longman.
“Every single job that we support makes a huge difference in our local communities – now and as we navigate out of the pandemic,” Mr Young said.
“The project benefitting our region will include an upgrade to D’Aguilar Highway, covering Caboolture, Wamuran, Woodford, and D’Aguilar up to Yarraman.
“The Government is investing $15.2 million of a total $19 million to upgrade D’Aguilar Highway, which will be welcome news for Longman residents and the region.
“This crucial project will create new jobs and make our roads safer, helping our local economy to bounce back after the COVID-19 crisis.”
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the new package would fund shovel-ready infrastructure projects that can support local jobs immediately.
“This funding will deliver critical infrastructure projects right across the country to help keep construction businesses running and people in jobs,” the Deputy Prime Minister said.
“$1 billion of this package will fund projects that can get underway now and over the next six months, to give an immediate boost to the economy and local jobs – right at the time we need it.
“We will work together with the states and territories to deliver these job-creating priority projects, building on our unprecedented cooperation to date through the National Cabinet of States and Territories.”
“The package also includes a $500 million Targeted Road Safety Works initiative for states and territories to deliver smaller but critical projects to improve road safety and bolster the resilience of our local road networks.
“The Government has already announced $500 million for local governments to support projects such as road safety improvements, maintaining community infrastructure and increasing accessibility.
“Now we are announcing a substantial funding injection for national infrastructure priorities, such as the D’Aguilar Highway project.
“This is part of our $100 billion, 10-year infrastructure pipeline, which is laying the foundations of a financial bridge to recovery on the other side of the COVID-19 crisis.”
Minister for Population, Cities and Urban Infrastructure Alan Tudge said the $1.5 billion package, combined with the additional funding to local governments, is expected to support up to 12,000 direct and indirect jobs by creating new local opportunities and securing existing positions.
“This package will support thousands of jobs across our national construction sector, which we know is facing many challenges due to the ongoing COVID-19 crisis,” Mr Tudge said.
“This includes local governments as well, who will receive funding to deliver targeted projects in their area.
“These types of infrastructure projects will be particularly crucial for helping us bounce back after the COVID-19 crisis has ended by ensuring we have the safe transport connections needed for all of Australia to keep moving.