News

Swan defends Budget hwy spending

THE beleaguered Bruce Hwy has received an "enormous" investment, Treasurer Wayne Swan claims, despite criticism from various agencies the Sunshine State's major highway was neglected in the Federal Budget.

Mr Swan took his speech at a Committee for Economic Development of Australia event in Brisbane on Friday as an opportunity to defend his government's contribution to the Bruce Hwy upgrade following the obvious absence of new infrastructure funding for the arterial road in the Federal Budget.

The road's upgrade was a hot topic for the audience and Mr Swan, who turned to the issue at his first chance during a question and answer session.

"The Cooroy to Curra investment is huge," he said.

"While we made that commitment a few years ago, it was the most dangerous slice of national highway in Australia.

"But of course it takes a long time. We have enormous investments going on right up the Bruce Hwy of great significance.

"You can't just sit back and say there is no money. There is an enormous amount of money coming into this state and the road network.

"If you want to pull out the figures when it comes to roads you will find Queensland has done very well over the last four or five years."

The comments come after the RACQ, QLD Premier and Treasurer condemned the Federal Government for not contributing more to the Bruce Hwy after the State Government put forward $1 billion over 10 years to the upgrade on the basis the Commonwealth stepped up its funding.

NSW received a $3.56 billion slice of the Budget pie to upgrade the equally problematic Pacific Hwy.

But that was thrown into disarray only 48 hours after it was announced when the Infrastructure Minister Anthony Albanese said the money would go to another project in the National Building Program if the NSW Government did not match their commitment.

NSW Roads Minister Duncan Gay said on Thursday the State Government would not match it.

Topics:  bruce highway, federal budget 2012, wayne swan



Nicholl finds rhythm for Australia

Nicholl competing at the INS ISA World Surfing Games in Costa Rica.

Surfer flies flag for Australia.

The pacemaker cells of your gut

Restroom sign

Living Naturally: problems with the gut

Dunn eyes Millions for Group level push

TRAINING MASTERS: Matt and Keira Dunn at a Murwillumbah Racecourse race day.

Trainer eyes a cast of millions.

Latest deals and offers

That's a wrap: Gympie Muster celebrates 35 years in style

Caitlyn Shadbolt performs at the Muster Club on Sunday August 28 at the Gympie Muster.

Country music festival blessed with great weather and bumper crowds

Julia and Sasha top The Block's leaderboard

Julia and Sasha in their winning master en-suite in a scene from The Block.

FIRST room reveals of the season deliver mixed results.

What's on the small screen this week

Bella Frizza in a scene from the TV series Married At First Sight.

THE Block's $65,000 bathroom is revealed and strangers marry.

MOVIE REVIEW: Life on the Road

Ricky Gervais, Ben Bailey Smith and Foregone Conclusion (Steve Clarke, Andy Burrows, Stuart Baxter Wilkinson, Michael Clarke) in a scene from David Brent: Life on the Road.

Ricky Gervais has brought David Brent back to life on the big screen

Jessica Alba wants tequila shots served at her funeral

Businesswoman and actor Jessica Alba

There won't be mourning at this funeral

Tom Hiddleston's Instagram account hacked

Actor Tom Hiddleston

Thor star the latest celebrity targetted by hackers

REVEALED: Pat Rafter's $18m Coast house on the market

Check out the photos of the Coast's most expensive property for sale

The "correction we had to have" in Gladstone's rentals

UPWARD MARCH: The rental vacancy rate in Gladstone has improved for the first time in more than a year, providing a confidence boost in the market.

Vacancy rates improve with signs that things are getting betterF

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

Investors eye Gladstone's $4m island with resort approval

UP FOR SALE: Turtle Island is on the market.

CHINESE and Sydney investors flag interest in Gladstone island.

Take a sneak peek at this $19m Whitsunday mansion

Mandalay House features a private helipad.

Mandalay is currently on the market with an asking price of $19m