Wednesday 3 April 2019

Major Hunter Project Wins Funding In Federal Budget

BY IAN CROUCH

A long-awaited infrastructure project in the Hunter has been the big winner out of last night's federal budget.

$1.6 billion dollars has been allocated to the M1 Pacific Motorway extension to Raymond Terrace.

It's 80 percent of the cost, with the state government to be asked to contribute the rest.

However there's no clear timeline on when construction will start.

Elsewhere, $20 million dollars is going towards road projects on the Buckets Way, another $20 million for Clarence Town Road and $140 million for the Tenterfield to Newcastle corridor.

$4.7 million over 5 years was confirmed for The University of Newcastle to fund research into PFAS chemicals.

Federal Labor MPs in the Hunter have slammed the budget, saying the government's main budget priority is getting re-elected.

Tax cuts of $1080 dollars a year for more than 10 million taxpayers earning up to $126,000 was the big sweetener, along with a predicted surplus of $7.1 million.

However, there was no money for the Glendale Transport Interchange or the Singleton Bypass.


Treasurer Josh Frydenberg delivering the 2019 Federal Budget