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Australian News Update October 2019

Posted by: Paul Harris
15/10/2019
Industry News

Federal cash boost following new milestone for Sydney Metro

The Berejiklian government has listed two Sydney metro projects and two regional highway projects at the top of its wishlist for federal government funding.

The announcement comes following news that the Tunnel Boring Machine (TBM) Nancy has arrived at the new Martin Place Station, marking another huge milestone for Sydney Metro.

Sydney’s new twin metro railway tunnels are now 70 per cent complete as tunnelling reaches the heart of the city, 28m under Martin Place. After just eleven months of tunnelling, 22km of the Sydney Metro tunnels are now finished.

Since launching in October 2018, TBM Nancy has tunnelled 6.8km via the new metro stations at Waterloo, Central and Pitt Street.

TBM Nancy will spend a few weeks undergoing maintenance before being re-launched to complete the last 1.3km section between Martin Place and Barangaroo.

It has taken about 21 months to build the caverns for the new Martin Place Station ahead of TBM Nancy’s arrival, removing about 198,000 tonnes of rock – enough to fill about 30 Olympic swimming pools.

Following the news, Treasurer Josh Frydenberg has urged his counterparts to nominate infrastructure projects that could be fast-tracked with federal assistance to deliver a much-needed boost to the economy.

Topping NSW Treasurer Dominic Perrottet's list is the new Sydney Metro West, with construction expected to begin next year on the $20 billion-plus metro train line from central Sydney to Parramatta.

The state government has promised to complete the line by 2028, but to date has only locked in $6.4 billion in funding over the next four years.

Mr Perrottet also nominated the proposed metro between St Mary's and the new Western Sydney Airport, which the NSW and Federal governments have vowed to deliver by the time the airport opens in 2026.

The proposed Coffs Harbour Bypass and the proposed extension of the M1 Pacific Highway extension to Raymond Terrace in the Hunter region were also on Perrottet's list.

Frydenberg said while there were capacity constraints on major projects, particularly in NSW and Victoria, the federal government would look at which proposals could get under way in the near future.

"We are prepared to consider on a case-by-case basis states putting forward projects that can be brought forward, recognising the importance of continuing that infrastructure rollout," Mr Frydenberg said. Full stories here & here.

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