Gov Announces Record $33.9 Billion Infrastructure Investment in 2022-23 Budget
The Western Australian Government has continued its strong focus on infrastructure in its 2022-23 state budget, announcing a record $33.9 billion investment over the next four years.
The budget, handed down yesterday by Premier and Treasurer Mark McGowan, reinforces the government’s commitment to roads and transport, as well as a push for the future of electric vehicle ownership in Western Australia as part of its broader action plan on climate change.
Regional infrastructure also comes out a big winner, with a record $12 billion funding boost, including more than $4.2 billion in the Royalties for Regions program, and billions more across health and services.
The ongoing METRONET program remains a key focus for the State Government, with $6 billion allocated across 13 projects.
Two new projects funded include the Morrison Road Level Crossing Removal in Midland and the Canning Bridge Bus Interchange.
Several milestones have been detailed for the project for the next two years, including the opening of the Forrestfield-Airport Link, which will include new stations at the Airport, Redcliffe and High Wycombe; as well as the opening of Lakelands Station in mid-2023
The WA Government has maintained its focus on roads, announcing a further $9 billion in road projects and upgrades.
“The $9 billion funding package includes $3.4 billion dedicated for road projects in the Perth metropolitan area, which will create thousands of local jobs and make it easier and safer for our communities,” the Premier said.
$5.6 million has also been allocated to the improvement and renewal of regional road infrastructure.
This includes funding for new projects including the Tanami Road sealing, Pinjarra Heavy Haulage Deviation Stage 2 and Great Northern Highway Newman-Port Hedland overtaking lanes.
In addition to roads investment, the 2022-23 budget also includes $73 million for the Principle Shared Path program, which will see upgrades and extensions to Perth’s path network with a view to improve connectivity and amenity for cyclists and pedestrians.
The State Government has also announced a continued commitment to road safety in the Perth and Peel regions, allocating $16.2 million for the Safer Roads and Bridges Program, as well as $98 million for the Resealing Program.
The Regional Road Safety Program will also receive a further $159 million boost, with around 9,000 kilometres of regional roads to be upgraded by mid-2023.