News

Pac Hwy funding big budget issue

How much funding will the State Government deliver for the Pacific Hwy upgrade in tomorrow's budget?
How much funding will the State Government deliver for the Pacific Hwy upgrade in tomorrow's budget? Trevor Veale

WITH the NSW budget reveal only a day away, Federal Roads Minister Anthony Albanese has challenged the State Government one last time to agree to the 50:50 funding spilt crucial to the completion of the Pacific Hwy duplication.

Mr Albanese's comments came after North Coast MP Don Page said on Friday the Pacific Hwy would do "very well" out of the state's infrastructure spend.

Responding to concerns about mass potential job losses in the public service sector, Mr Page said the government needed to make difficult decisions to ensure there was enough money to fund vital infrastructure projects including the Pacific Hwy.

The prospect of the duplication being completed by 2016 however, remains highly unlikely.

While the State Government is yet to confirm how much money has been set aside for the Pacific Hwy, Roads Minister Duncan Gay has already said it would be impossible to match the Federal Government's $3.5billion offer.

Mr Albanese has always maintained that should the State Government not agree to a 50:50 split, the federal funds would be directed elsewhere.

Last night he confirmed nothing had changed.

"I certainly hope the NSW Government grasps what is the last remaining opportunity to fix this road once and for all by 2016," Mr Albanese said

"Last month, Federal Labor put its share of the required funding on table and all we're asking of the NSW Government is that they honour the promises they made prior to being elected last year - nothing more, nothing less."

Topics:  anthony albanese, pacific highway, state budget


Local Real Estate

finda logo
Featured Real Estate
LAND & HOUSE... $1200000.00
LAND & HOUSE BELLINGEN 100 acres, permanent water, 5 bed fully renovated ...
FULL SELF CONTAINED... $14,990K for 6 x 2.4 x 2.5m D.I.Y $10,990k bare bones unit. ...
QUALITY INDOOR and... $550,000
House 4 2 3
Capturing coastal and... Negotiations From...
Residential Land 0 0

Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.


Marketplace

Special Offers & Promotions

Compare & Save