Roads package a sham says labor 20140513 p5s7en.html – Breaking News & Latest Updates 2026
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Roads package a sham, says Labor

AAP

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Labor says the government's road funding package is a sham.

Treasurer Joe Hockey's first budget on Tuesday is expected to outline how $42 billion will be spent on roads to create thousands of jobs.

It is a central plank of the Abbott government's bid to stimulate the economy as mining investment eases and reach its one million jobs target.

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Labor transport spokesman Anthony Albanese says the new spend by the government is unlikely to come to more than $2 billion.

Mr Albanese says the previous government began work on $35 billion in infrastructure projects across all states and territories.

Among the most expensive were the Pacific Highway upgrades ($7.9 billion), Bruce Highway upgrades ($5.7 billion), Hunter Expressway ($1.5 billion) and Westconnex ($1.8 billion).

Labor had also set aside $4.2 billion for rail projects and studies in Melbourne, Brisbane, Perth, Adelaide and Hobart, which are all expected to face the axe on Tuesday.

And a Labor government tax-loss incentive for infrastructure projects of around $5 billion was expected to leverage $25 billion in new private sector spending.

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