$500m funding boost to help Farrer

$500m funding boost to help Farrer

Major projects and drought-affected communities across Farrer received a major boost this week with millions of dollars injected across NSW and regional Australia by the Coalition Government.

Local MP Sussan Ley said “our government has been working with both NSW and Victoria to bring forward critical road projects to help maintain jobs and strengthen local economies.

“The acceleration of funding in NSW will allow us to bring forward works on Albury’s Davey Rd-Hume Freeway interchange, meaning construction can potentially begin by late next year.

AlburyCity Council has estimated more than 9,400 full time jobs can be created by unlocking the nearby Nexus industrial precinct to its full potential.”

“A $200 million investment in the Newell Highway will also be brought forward, with future local projects along our 335km section of this important road transport corridor providing more efficient movement of freight, addressing road safety hotspots and improved flood mitigation.

“We are also committing an additional 28.7 million towards the Echuca-Moama Bridge, fast tracking works to enable completion of this major project by mid-2021. The construction phase of this project is supporting around 400 direct jobs and over 1,000 indirect jobs.

“Also set to help our region, is the latest round of our Building Better Regions Fund announced this month, with $200 million dedicated to helping communities hardest hit by the current drought.

“And today we have announced a further $15 million to be allocated from our Murray-Darling Basin Economic Development Program, helping communities along the Murray River, from Berrigan through to Wentworth, boost jobs and local business.”

For more details on any of these programs please contact Sussan’s office. If you would like more information on the complete NSW road and rail investment boost link here, and Victoria’s funding boost package is available here.