News

Swan defends Budget hwy spending

THE beleaguered Bruce Hwy has received an "enormous" investment, Treasurer Wayne Swan claims, despite criticism from various agencies the Sunshine State's major highway was neglected in the Federal Budget.

Mr Swan took his speech at a Committee for Economic Development of Australia event in Brisbane on Friday as an opportunity to defend his government's contribution to the Bruce Hwy upgrade following the obvious absence of new infrastructure funding for the arterial road in the Federal Budget.

The road's upgrade was a hot topic for the audience and Mr Swan, who turned to the issue at his first chance during a question and answer session.

"The Cooroy to Curra investment is huge," he said.

"While we made that commitment a few years ago, it was the most dangerous slice of national highway in Australia.

"But of course it takes a long time. We have enormous investments going on right up the Bruce Hwy of great significance.

"You can't just sit back and say there is no money. There is an enormous amount of money coming into this state and the road network.

"If you want to pull out the figures when it comes to roads you will find Queensland has done very well over the last four or five years."

The comments come after the RACQ, QLD Premier and Treasurer condemned the Federal Government for not contributing more to the Bruce Hwy after the State Government put forward $1 billion over 10 years to the upgrade on the basis the Commonwealth stepped up its funding.

NSW received a $3.56 billion slice of the Budget pie to upgrade the equally problematic Pacific Hwy.

But that was thrown into disarray only 48 hours after it was announced when the Infrastructure Minister Anthony Albanese said the money would go to another project in the National Building Program if the NSW Government did not match their commitment.

NSW Roads Minister Duncan Gay said on Thursday the State Government would not match it.

Topics:  bruce highway, federal budget 2012, wayne swan


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

'Aggressive' great white shark knocks man off board

A 2.28m Great White is tagged by the Department of Primary Industries at Coffs Harbour on Tuesday.

"It went under his SUP towards our son, then circled around."

Police: Have you seen Jak?

Have you seen Jak McLean?

Police are seeking assistance from the public to locate Jak McLean

Why the shark barrier at Lighthouse Beach has stalled

Lighthouse Beach at Ballina closed after a shark attack.
Photo Cathy Adams / The Northern Star

Work on the controversial shark barrier has halted - here's why

Latest deals and offers

Shark barrier construction begins on North Coast beach

A HELICOPTER is hovering over a North Coast beach dropping concrete blocks and steel anchors into the surf as part of the construction of the new shark barrier.

'Aggressive' great white shark knocks man off board

A 2.28m Great White is tagged by the Department of Primary Industries at Coffs Harbour on Tuesday.

"It went under his SUP towards our son, then circled around."

Police: Have you seen Jak?

Have you seen Jak McLean?

Police are seeking assistance from the public to locate Jak McLean

Why the shark barrier at Lighthouse Beach has stalled

Lighthouse Beach at Ballina closed after a shark attack.
Photo Cathy Adams / The Northern Star

Work on the controversial shark barrier has halted - here's why

CCTV footage leads to arrest of woman for theft, drugs

Quick action by retail staff lead to a woman being arrested

Village masterplan push: Newrybar’s future up for discussion

COMMUNITY MASTERPLAN: Newrybar resident and business owner Paul Moses is chairman of the Newrybar Association which is trying to establish a masterplan for the historic village to put to Ballina Shire Council.

Community group wants to prepare masterplan for village

Pokémon Go makes Ingress into Clarence Valley

Pokemon Go player Dan Optland is pictured in the game w ith a "Pidgey" Pokemon he lured to a Pokestop at the Clarence Valley Conservatorium.

Pokemon Go Pokestops evolved from hard work of unsuspecting friends.

Thy Art Is Murder are killing it

See Thy Art is Murder on their killer tour happening right now. Photo Contributed

We talk with Thy Art is Murder about touring, babies, and new music

Date announced for Prince tribute concert

A Prince tribute concert will take place later this year

Matt Damon is taking a break from acting

Matt Damon is taking a break to spend time with his family

Police foiled terrifying 1m plot to kidnap Katie Price

Police foiled a £1 million plot to kidnap Katie Price and her family

Kristen Bell's baby confession

Kristen Bell once pretended to be asleep when her baby woke up early

Babylon 5's Jerry Doyle has died

Jerry Doyle has died from unknown causes at the age of 60

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

Massive residential 9-storey high-rise hit by delays

An artist’s impression of the eight-storey-high apartment complex that Bernoth Holdings wants to build in South Toowoomba, next to the City Golf Club.

Developer struggles to get approved high-rise development started