Vic govt to unveil infrastructure spend

Written By Unknown on Minggu, 04 Mei 2014 | 17.52

Tuesday's Victorian state budget is expected to contain a number of major infrastructure projects. Source: AAP

MELBOURNE'S East West Link tunnel will get more funding and light will be shed on plans for a Melbourne airport rail link in Tuesday's state budget.

Victoria is expected to remain in the black with the state on track to reach its net surplus target in a budget that will focus on major infrastructure projects six months out from an election.

State funds will flow for the second stage of the $18 billion East West Link road project, including $1.5 billion from the Commonwealth, while details of a plan to link Melbourne's CBD by rail to the Tullamarine airport will be unveiled for the first time.

Treasurer Michael O'Brien says that in contrast to the federal budget, which is expected to include significant spending cuts and possible tax increases to cut the deficit, Victorians can expect strong surpluses over the next few years.

Net debt will also fall over the forward estimates and there will be a focus on major infrastructure projects which create jobs, he says.

"The Victorian budget is in a very different position to the federal budget," Mr O'Brien told reporters on Friday.

"We're in surplus here in Victoria and we're going to have strong surpluses across the forward estimates."

Mr O'Brien says the government will be delivering the major infrastructure projects Victorians want to see to improve their quality of life, thanks to good economic management.

"We're funding major job creating infrastructure through strong surpluses, through good economic management and through asset recycling," he said.

The budget is expected to contain more money to progress the Melbourne Metro Rail project, a $10 billion underground cross-city tunnel designed take on thousands of extra passengers and connect the Dandenong and Sunshine rail corridors.

A swag of pre-budget announcements have been made, so far including: more than $1 billion to remove eight level crossings across Melbourne; $190 million to cut elective surgery waiting lists; a $220 million project to upgrade country rail and build a standardised rail link between Mildura and Geelong.

Mr O'Brien says the public service is safe from further cuts this budget, but it is yet to be seen what further pain may be in store for Victorians.

The government has already blamed a cut in the state's GST revenue from 90 cents in the dollar to 88 cents in 2014-15 for a $32 hike in car registrations and an increase in vehicle stamp duty.

The government says the extra charges would fund major transport infrastructure in the budget.


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