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Home Latest News

Tasmanian Budget: What it means for roads and infrastructure

by Jennifer Pittorino
May 30, 2025
in Civil Works, Industry News, Latest News, Road infrastructure
Reading Time: 2 mins read
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Budget

The new Bridgewater Bridge Project. Image: Tasmanian Government

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The Tasmanian Government has handed down its 2025/26 State Budget, which outlines $399.7 million in funding for roads and bridges for the financial year, making up 43 per cent of General Government Sector infrastructure expenditure.

The Roads Program provides funding for Tasmania’s State Road Network, one of the state’s most significant infrastructure assets, and accounts for approximately half of all infrastructure spending across the 2025-26 Budget and Forward Estimates.

The Program includes new works aimed at enhancing the safety, reliability and efficiency of travel and transport as well as upgrading and maintaining existing road infrastructure.

Tasmanian drivers will benefit from $118.1 million in total investment in 2025-26.

Road safety projects will make up $30.5 million, $14.3 million of which has been allocated for the Federal Government’s ‘Safer Local Roads Program’ to address current and emerging priorities in road infrastructure needs. The program has been created to to support the delivery of safer and more productive roads across Australia.


 

Related stories:

  • VIC Budget breakdown: What it means for infrastructure
  • Federal Budget review: Impact for infrastructure
  • QLD Budget: What’s in store for infrastructure

 


The new Bridgewater Bridge has been allocated $76.2 million for the 2025-26 financial year. The project is Tasmania’s largest ever transport infrastructure project.

$75 million has been allocated for the construction of the Northern Access Road, which is a network of roads that connect Northern Tasmania to the rest of the state and mainland. The construction is a key enabling project of the Macquarie Point Urban Renewal Project.

The Tasmanian Government has allocated $51 million for Roads and Rail Funding as well as $14.6 million for Road Corridors, $23 million for roads of strategic importance, and $114.8 million for infrastructure maintenance.

Additional funding will see $24 million to go common user infrastructure at Wilkinsons Point and $7.5 million for critical infrastructure at Risdon Point.

The Bass Highway Corridor has been allocated $15 million, the project will look at improvements for the Bass Highway between Launceston and Devonport, a key freight, tourist and local route, linking the far north west of Tasmania with key ports and the National Highway.

For more information, visit: www.treasury.tas.gov.au

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