Australia’s Department of Infrastructure and Regional Development confirmed that the Commonwealth would invest only AUD 2 billion (USD 1.56 billion) on Victorian infrastructure between 2016-17 and 2019-20 out of a national program worth UAD 26.5 billion (USD 20.3 billion). That equates to 7.7 per cent for Victoria, despite the state being home to 25 per cent of the nation’s population.
In stark contrast, the state of New South Wales is set to receive more than 30 per cent, and Queensland will receive 29 per cent.
Victoria has one of the strongest infrastructure pipelines in the country, with the Government set to spend an annual average of AUD 8.4 billion (USD 6.4 billion) on infrastructure over the next four years – well up from the average over the last ten years of AUD 4.9 billion (USD 3.75 billion).
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