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Annastacia Palaszczuk announces $500m infrastructure fund

Kim Stephens reports in the Brisbane Times (13.3.16) on the government's release of its long-awaited infrastructure plan. Amid budget constraints and uncertainty over federal government co-funding, the $500 million plan for accelerated capital works was described by Deputy Premier Jackie Trad as a 'downpayment' on future projects.

'A notorious Pacific Motorway traffic choke point has been prioritised for a $210 million dollar upgrade by the State Government, as part of a new state infrastructure fund announced by Premier Annastacia Palaszczuk on Sunday.

'But the project remains dependent on Prime Minister Malcolm Turnbull coming to the party with nearly $170 million to get it off the ground.

'The southbound merge of the Pacific and Gateway motorways, which regularly creates a congestion nightmare for Gold Coast bound motorists, is one of seven priority projects announced by Premier Annastacia Palaszczuk and Deputy Premier Jackie Trad, as part of their newly unveiled $500 million state infrastructure fund.'

 

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