The Andrews Labor Government has welcomed Federal Labor’s commitment to give Victoria its fair share of infrastructure funding.
Minister for Public Transport and Major Projects Jacinta Allan joined Federal Shadow Minister for Infrastructure, Transport, Cities and Regional Development Anthony Albanese today in Melbourne today to highlight just how much Malcolm Turnbull is ripping Victoria off.
In last week’s Federal Budget the Turnbull Government ratted on the Asset Recycling deal, meaning $1.45 billion in critical regional rail upgrades will either be delayed, or not go ahead at all.
These upgrades were fully funded through Victoria’s entitlement under the Asset Recycling Initiative, established by the Federal Liberal and National Government.
Malcolm Turnbull honoured his Asset Recycling agreement with the Liberal New South Wales Government in full – providing $2.2 billion to build better transport, schools and hospitals in his home state.
Yet Victoria will get absolutely nothing through its Asset Recycling agreement with the Commonwealth.
It’s another kick in the guts for Victoria, who already receives just eight per cent of Federal infrastructure funding despite being the fastest growing state and home to a quarter of Australians population.
In comparison, New South Wales now receives more than 45 per cent of Federal infrastructure funding.
The commitment by Shorten Labor to give Victoria its fair share of infrastructure funding shows yet again that only Labor cares about Victorians.
Quotes attributable to Minister for Public Transport and Major Projects Jacinta Allan
“The Turnbull Government is ripping off Victoria – it’s as simple as that.”
“Only Labor will give Victorians their fair share, so we can build the better transport, schools and hospitals they need and deserve.”
Reviewed 19 August 2020