The 2015/ 2016 Federal Budget is potentially significant for Transport for the following reasons:
- Roads – spending will continue under the programs announced in the previous budget with $9.35bn of spending in 2015/ 2016;
- ARTC – the Government has committed to a scoping study into the future operation and ownership of the Australian Rail Track Corp;
- Inland Rail (the Melbourne – Brisbane Rail link) – the Government has recommitted to this project with a final business case and delivery plan expected in mid-2015
- East-West Link – the Federal Government has committed to provide $3bn for the East-West link
- Coastal Shipping Reforms – the Government will introduce reforms to the present Coastal Trading system, including introducing a single Coastal Trading permit for all ships to replace the current tiered system.
This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.
