2020-2021 CCF National Federal Budget Brief

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CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Civil Contractors Federation National - 2020-2021 Budget Brief 1. Economic Highlights • Budget deficit is $213.7 billion in 2020-2021 • Economy forecast to fall by 3.75 per cent in 2020 • Unemployment is forecast to peak at 8 per cent in the December 2020 quarter • Establishment of a new JobMaker hiring credit - payable for up to twelve months and immediately available to employers who hire those on JobSeeker aged 16-35 • Expanded asset write off incentives and new loss carry back measures 2. Infrastructure Investment The Federal Government has announced: • an additional $7.5 billion for road and rail infrastructure projects in the 2020-2021 Budget (see Attachment A for a break down of new and additional funding commitments). The $7.5 billion investment includes new projects in each jurisdiction as well as additional funds for existing projects, and in most cases, requires matching funds from the respective State or Territory Government. • an additional $2 billion investment in road safety measures as part of a new Road Safety Program. • an additional $1 billion under the Local Roads and Community Infrastructure Program in addition to $500 million announced in June 2020. • $2 billion in new funding to build water infrastructure including dams, weirs and pipelines. • The Commonwealth’s investment in infrastructure since the outbreak of COVID 19 is approximately $14 billion. New South Wales New projects $1968.6 million Additional funding (to existing projects) $732 million Total $2.7 billion Victoria New projects $1030.5 million Additional funding (to existing projects) $111 million Total $1.1 billion CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Queensland New projects $1122.4 million Additional funding (to existing projects) $188 million Total $1.3 billion Western Australia New projects $736 million Additional funding (to existing projects) $351.3 million Total $1.1 billion South Australia New projects $612 million Additional funding (to existing projects) $13.2 million Total $625 million Tasmania New projects $306 million Additional funding (to existing projects) $53.5 million Total $359 million Australian Capital Territory New projects $140 million Additional funding (to existing projects) $15.25 million Total $155 million Northern Territory Key projects: o $120 million to upgrade the Carpentaria Highway o $47 million for National Network Highway Upgrades o $23 million to upgrade the Sturt Highway at Coolalinga For more information, visit www.investment.infrastruture.gov.au CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com 3. Apprentices The Federal Government has announced a $1.2 billion package in the 2020-2021 Budget to support the hiring of apprentices. The package is in addition to the previously announced $2.8 billion Supporting Apprentices and Trainees wage subsidy to help employers to retain their apprentices and trainees. Under the package employers will be eligible for 50 per cent of the wages for a new or recommencing apprentice or trainee for the period up to 30 September 2021, up to $7,000 per quarter. The subsidy will be available to employers of any size or industry, Australia-wide who engage an Australian apprentice or trainee from 5 October 2020 until the 100,000 cap is reached. CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com ATTACHMENT A New South Wales New Projects Project Federal Funding Total Cost Ettamogah Rail Hub (ERH) $2.6 million $12.2 million Grade separating road $150 million $187.5 million interfaces with Inland Rail Heathcote Road Upgrade, $94 million $188 million Hammondville to Voyager Point Hogbin Drive, Coffs Harbour $3 million $6 million Airport Freight Access M1 North Smart Motorway - $60 million $120 million ANZAC Bridge to Warringah Freeway New England Highway - $560 million $700 million Singleton Bypass Newcastle Inner City Bypass, $360 million $450 million Rankin Park to Jesmond Newell Highway Upgrade - $176.2 million $220.2 million Dubbo Bridge Newell Highway Upgrade - $205.7 million $257.2 million Heavy Duty Pavement Upgrades Newell Highway Upgrade - $60 million $72 million Overtaking Lanes Newell Highway Upgrade - $149.7 million $187.2 million Parkes Bypass Northern NSW Inland Port – $7.8 million $7.8 million Narrabri CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Pooncarie Road (Wentworth $4.6 million $9.2 million Shire) Prospect Highway Upgrade $120 million $240 million Sydney to Newcastle Faster Rail $15 million $15 million – Planning Subtotal $1968.6 million $2672.2 million Additional funding Project Additional Federal Funding Total Federal Funding Central Coast Roads Package $16.7 million $86.5 million Coffs Harbour Bypass $490.6 million $1461.6 million Commuter Car Park Upgrade - $13.8 million $33.8 million T1 North Shore, Northern and Western Line - St Marys Commuter Car Park Upgrade - $7.1 million $22.1 million T8 East Hills Line – Campbelltown Commuter Car Park Upgrade - $3 million $12.5 million T8 East Hills Line - Revesby Commuter Car Park Upgrade - $1 million $10.5 million T8 East Hills Line – Riverwood Dixons Long Point Crossing $9.8 million $29.8 million Dunheved Road Upgrade, $63.5 million $127 million Penrith Jane Street and Mulgoa Road $37.5 million $72.5 million Infrastructure Upgrade Mulgoa Road Upgrade $46.4 million $126.4 million New England Highway – Bolivia $43 million $98 million Hill Upgrade Subtotal $732.3 million $1994.1 million CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Victoria New Projects Project Federal Funding Total Cost Arthurs Seat Pedestrian $0.3 million $0.3 million Improvements Barwon Heads Road Upgrade $292 million $365 million Hall Road Upgrade $84.5 million $169 million Improving connectivity to Port $7.5 million $15 million of Melbourne - Business Case Improving Passenger Rail $7.5 million $15 million Services from Northern Victoria to Melbourne Narre Warren North Road $31 million $62 million Upgrade Shepparton Rail Line Upgrade – $320 million $400 million Stage 3 South Road Upgrade $22.5 million $45 million Warrnambool Rail Line Upgrade $208 million $260 million – Stage 2 Western Port Highway Upgrade $27.2 million $54.3 million Western Rail Plan - Further $30 million $60 million Planning Subtotal $1030.5 million $1445.6 million CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Additional funding Project Additional Federal Funding Total Federal Funding Bonang Road Upgrade, $7 million $9 million Bonang McKoy Street - Hume Freeway $104 million $168 million Intersection Upgrade Subtotal $111 million $177 million CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Queensland New Projects Project Federal Funding Total Cost Beams Road Open Level $50 million $248 million Crossing Bruce Highway Upgrade $20 million $20 million Strategy Centenary Bridge Upgrade $112 million $224 million Coomera Connector Stage 1 $750 million $1500 million (Coomera to Nerang) Currumbin Creek Road- $2 million $4 million Bienvenue Drive Intersection Upgrade M1 Pacific Motorway Upgrade $10 million $20 million Program - Exit 45 Mt Lindesay Highway - Johanna $42.4 million $53 million Street to South Street Riverway Drive Stage 2 $76 million $95 million (Allambie Lane - Dunlop Street) Roads of Strategic Importance (ROSI) Funding Allocations CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Cooktown to Weipa Corridor $38 million $47.5 million Upgrade - Cape York Community Access Roads Cairns to Northern Territory $17.2 million $21.5 million Border Upgrade - Gulf Developmental Road - Pavement Strengthening and Widening Townsville to Roma Corridor $4.8 million $6 million Upgrade - Dawson Highway (Banana - Rolleston) - Roundstone Creek Bridge Overflow Upgrade Subtotal $1122.4 million $2239 million Additional funding Project Additional Federal Funding Total Federal Funding Bruce Highway - Babinda $2.6 million $5.8 million Intersection Upgrade Bruce Highway - Cairns $15.7 million $99 million Southern Access Corridor - Stage 4 - Kate to Aumuller Bruce Highway – Caloundra $95.2 million $745.6 million Road to Sunshine Motorway Bruce Highway – Rockhampton $29.6 million $126.4 million Northern Access Upgrade Bruce Highway – Burdekin $38 million $64.7 million Bridge upgrade CCF NATIONAL OFFICE ABN 41 639 349 350 Unit 13, Level 3, Engineering House 11 National Circuit Barton ACT 2600 E [email protected] www.civilcontractors.com Cunningham Highway - Eight $2.4 million $20 million Mile Intersection Upgrade Second M1 (Coomera $5.3 million $15.3 million Connector) Business Case Subtotal
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