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Inland rail a trifecta for Toowoomba region: mayor
The federal government will plough an extra $1.2 billion into roads under a $2 billion transport initiative, Acting Prime Minister John Anderson announced today.
The $1.2 billion will be used to upgrade road and rail infrastructure and will be coupled with funds redirected from a fuel subsidy scheme targeted at farmers after the introduction of the GST.
"The highly successful Roads to Recovery program will continue for another four years at the expiry of the forward estimate program at the cost of a further $1.2 billion," Mr Anderson told reporters.
"There will be a redirection of the Fuel Sales Grants Scheme in a little over a couple of years time to fund land transport infrastructure improvements in regional and outer metropolitan areas.
"(It is) a major plan in the development and carrying forward of the national transport plan that Australia is going to need so urgently in the future."
Mr Anderson said Australia's road and rail infrastructure had coped well to date given the size of the nation.
"But a very strongly growing economy is seeing an explosion in our freight task and is seeing a dramatic surge in private passenger movements and so forth around the country, we simply have to prepare better for the future," he said.
This story was found at: http://www.theage.com.au/articles/2004/01/22/1074360871786.html
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