Legislation to lock in $2B of funding for VIC's regional and suburban roads

» Listing Type: Used
» Category: Tyred
» Max paving width - mm: 1,600

Legislation to lock in $2B of funding for VIC’s regional and suburban roads

The Victorian Government has introduced legislation into Parliament to permanently direct fine revenue from traffic cameras and on-the-spot speeding fines to repairing and upgrading the state’s road network.

The legislation would establish the Better Roads Victoria Fund to direct the money from fines into road upgrades.

Outer suburban and country roads would each receive a minimum of 33 per cent of the fund, with the remaining 34 per cent going towards the repair and upgrade roads and level crossings anywhere in Victoria.

It would lock in the $1 billion funding from the government’s 2014 Transport Plan for eight years to repair and upgrade roads in Melbourne’s outer suburbs, along with another $1 billion to repair and upgrade roads and level crossings in country Victoria.

Victorian Minister for Road and Road Safety Luke Donnellan said the legislation protects the roads from future cuts.

“In 2014 we said we’d spend $2 billion over eight years to fix roads in the outer suburbs and in country Victoria – we’ve already delivered and far exceeded that commitment – when we say we’ll do something, we do it,” Mr Donnellan said.