The Palaszczuk Government has revealed its upcoming budget will deliver $45 billion of infrastructure over the next four years.
Premier Annastacia Palaszczuk said the investment was a stimulus package for the local economy.
“This Budget will see $45 billion invested in infrastructure across the next four years, building our cities and regional Queensland for the future,” she said.
ARTICLE CONTINUES AFTER THIS ADVERTISEMENT
“That’s a big number, with investment up $2 billion on last year’s Budget and the biggest infrastructure spend since 2011, after the flood recovery.”
While the Palaszczuk Government has decided to commit its funding to the Cross River Rail project and an upgrade to the Pacific Motorway, the state opposition has promised to get started on a second M1.
The LNP believes the project can be delivered for around $1 billion, while Labor estimates the cost will be more than $2 billion.