The 2018 Federal Budget and the regions

By Professor Christine Smith, Portfolio Director, Research and HDR, Griffith Business School
Although the 2018 budget has been portrayed as one which seeks to shore up electoral support for the government in the context of an impending election, there is not a great deal of additional money being promised for expenditure programs in non-metropolitan Australia.
There is a continuation of the Building Better Regions Fund, the Stronger Communities Program, the Roads to Recovery Program, the Black Spots Program, the Bridges Renewal Program and the National Highway Upgrade Program.  However, there are no major increases in funding for these programs in the 2018-19 financial year.
There have been a number of major infrastructure projects announced and these will be very much welcome in the affected regions; however, the majority of the big-ticket items in this area are targeted at congestion-busting in greater metropolitan regions.
The most significant new item is the Roads of Strategic Importance initiative

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