Local roads and streets in Macarthur will receive a major boost with $1.105 billion extra being made available to all councils across Australia for vital road upgrades through the Roads to Recovery Program over the next two years.
The extra money will flow as a result of the passage through Federal Parliament of the fuel excise indexation legislation.
Every cent of the extra $23 billion revenue raised through the excise over the next decade and beyond will be invested in road infrastructure.
Councils and residents in Macarthur will see more road works in their local area.
“Every resident understands the challenges this region faces with building necessary roads,’’ says the Federal Member for Macarthur, Russell Matheson.
“The extra funding will increase Federal Government spend for Roads to Recovery from $700 million to $1 billion in 2015-16 and from $350 million to $1.155 billion in 2016-17.
[social_quote duplicate=”no” align=”default”]“The Australian Government’s extra funding of $5,853,098 to local councils in Macarthur over the next two years means they can now invest in more of the road upgrades we need.[/social_quote]
“This extra funding will deliver a tangible benefit and make our roads and streets safer and more reliable.”
Between 2014-15 and 2018-19 the three Macarthur councils of Campbelltown, Camden and Wollondilly Shire will receive almost $17 million for roads.
“This is a massive boost in funding for our region’s road network and I am looking forward to seeing the additional opportunities this decision will create for our councils,” Mr Matheson said.