The Coalition s Policy

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Transcription:

The Coalition s Policy

Key Commitments The Coalition s plan for a strong new economy will provide jobs and growth and secure the future for Australian families through smart investment in infrastructure. The Coalition is spending a record $50 billion on road and rail projects across Australia: reducing congestion, improving the liveability of cities, and connecting our regions to markets. This includes a $3 billion investment in South Australia. The Asset Recycling Initiative unlocked more than $23 billion for projects that grow the economies of States and Territories. As part of our Smart Cities Plan, the Coalition is investing in essential urban road and rail projects to bust congestion, and create new jobs and growth. This includes a $4 billion commitment to public transport. We provided $1.7 billion for the North-South Corridor in Adelaide $496 million for the Darlington upgrade, $448 million for the Torrens to Torrens project, and $788 million for the Northern Connector. These urban road projects will generate 1,330 jobs each year during construction. We will commit a further $43 million for the Flinders Link rail project, building a 650-metre extension of the Tonsley rail line to the Flinders Medical Centre and Flinders University. Flinders Link creates a new transport interchange at the Flinders Medical Centre and a shared path for cyclists and pedestrians. This investment will reduce travel time to the CBD by 30 minutes and improve accessibility to Flinders University and South Australia s second largest hospital benefitting over 26,000 people who work or study in the area. Flinders Link is not just a transport project it is an investment in innovation, jobs and growth in Adelaide, supporting the transition of South Australia s economy. The project will accelerate growth of the Flinders Innovation Precinct built on the site of the old Mitsubishi manufacturing plant. The Flinders Link rail project will promote development of the Flinders Medical Centre and Flinders University precincts. Our investment will generate 1,900 new jobs in the suburbs of Adelaide, leveraging $800 million in additional investment for more student and residential accommodation, relocation of the business school, space for 100 start-up companies, new medical specialist suites and retail services, and better amenities. Flinders Link is central to our Smart Cities Plan, delivering jobs closer to homes, more affordable housing, better transport connections, and healthy environments.

Our Plan to Build the Flinders Link Rail Project We will commit $43 million to ensure the Flinders Link rail project is built. The Flinders Link project costs $85.5 million and involves the construction of a 650 metre extension of the Tonsley rail line, including over 500 metres of elevated track over several roads. The project integrates a shared path for cyclists and pedestrians, as well as a new transport interchange adjacent to the Flinders Medical Centre. The Flinders Link project links the Flinders Medical Centre and Flinders University precinct, improving rail connectivity to the area and increasing public transport patronage on the Tonsley rail line. The Coalition s commitment will reduce travel times to the CBD by 30 minutes and improve connectivity to the public transport network for workers, students and visitors to the Flinders Medical Centre, South Australia s second largest hospital and a major employer in Adelaide s southern suburbs. Over 26,000 people currently working or studying in the area will directly benefit from the Flinders Link project. Flinders University has been a strong advocate for the rail connection across the motorway and the additional value this will generate for the region. The project will accelerate the growth of the Flinders precinct and developments including the Flinders Medical Centre, Flinders Private Hospital, and the Bankers Trust and Westpac offices. These developments are expected to generate 1,900 jobs and generate $800 million in additional investment. The project will stimulate wider benefits, including additional residential accommodation, relocation of the Flinders University business school, additional space for 100 start-up companies, new medical suites and retail services, and better amenities. The project will benefit the Tonsley Precinct, which is transforming into a collaborative and high-value industry, education, and residential precinct. Our commitment supports our Smart Cities Plan and Innovation Agenda, which promotes wellconnected, liveable cities and regions as being vital to support the high-tech, knowledgeintensive sectors of the new economy. Our support for the Flinders Link project builds on our significant infrastructure commitments for South Australia, including $496 million to complete the Darlington interchange, $448 million to complete the Torrens Road to River Torrens upgrade, $788 million for the Northern Connector, and $85 million for infrastructure projects in the Anangu Pitjantjatjara Yankunytjatjara (APY) Lands.

The Choice The Coalition is delivering the largest investment in Australia s infrastructure in our history as part of our economic plan for jobs and growth. We have committed over $50 billion to 2019-20 in critical road and rail infrastructure. Labor continues to criticise the Asset Recycling Initiative that has unlocked more than $23 billion for productive infrastructure in New South Wales, Victoria, the Australian Capital Territory and the Northern Territory. We have invested $1.5 billion in an infrastructure plan for Victoria that Labor continues to stand in the way of, while Victorians are stuck in traffic. We have maintained our $3 billion commitment for East West Link a project that Infrastructure Australia has told us to get on with while Labor tore up the contract costing Victorians $1 billion. In six years, Labor sat on its hands about a decision to build a second Sydney Airport at Badgerys Creek. We are delivering on our commitment to build Western Sydney Airport and make it rail ready - providing an additional $115 million for this work on top of our $2.9 billion contribution to critical road upgrades in Western Sydney. Labor s hastily cobbled-together No-Fly Zone policy would face safety restrictions in high wind conditions, potentially limiting the benefits of the airport. Labor has promised over $35 billion worth of projects through its $10 billion concrete bank made up of borrowed money and the Building Australia Fund which is fully allocated to other projects. Labor needs to clarify which projects they intend to cut. Labor announced a number of projects for funding from a mining tax that did not raise any money. $3 billion worth of projects from the Regional Investment Fund including the Swan Valley Bypass, Great Northern Highway and North West Coastal Highway were promised but not delivered. Labor also announced a number of projects that were never delivered, including the Parramatta-Epping Rail Link, the Sydney West Metro and the Adelaide O-Bahn extension. The Business Council of Australia estimates that only 14 per cent of the former Labor government s stimulus spending went to productivity-enhancing infrastructure. Rather than investing in Australia s economic future, Labor wasted funds on pink batts and overpriced school halls. The Coalition has an economic plan for jobs and growth, and can be trusted to get on with the vital infrastructure that will help transition our economy.

Costs The Coalition will invest $43 million to build the Flinders Link rail project, which will extend the Tonsley rail line to the Flinders Medical Centre.

For further details of the Coalition s plan go to www.liberal.org.au/our-plan nationals.org.au/our-plan/ Authorised and printed by T. Nutt, Cnr Blackall and Macquarie Streets, Barton ACT 2600.