perth now –
Lauded as a “game changer for WA”, the multibillion-dollar windfall will ignite a construction boom in Perth, ease traffic congestion and kick-start the Metronet railway expansion.
The Sunday Times can reveal full details of the 17 roads and rail projects that have been agreed after two months of negotiations concluded this week.
Crucially, the Turnbull Government has agreed to re-direct $1.2 billion in Federal funds previously allocated to the now cancelled Perth Freight Link.
Tuesday’s Federal Budget will also inject another $400 million to the building spree, bringing the Commonwealth’s commitment to $1.6 billion — far more than previously expected.
The State Government, which will pump in $745 million by redirecting money from the PFL and savings on other projects, lauded the deal as a “massive victory for common sense and for WA’s economy”.
“This will be the most significant boost for local jobs this State has seen in a long time,” Premier Mark McGowan said last night.
In a major victory for the McGowan Government, $1.26 billion was secured for Metronet. This includes the removal of the level crossing at Denny Avenue and Davis Road ($62 million), a depot at Bellevue ($25 million) and business case development ($40 million).