Paul Fletcher MP

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The 2017-18 Budget is a once-in-a-generation, $75 billion infrastructure budget that sets a long-term vision for our future and commits to game-changing infrastructure projects across the nation.  Our $10 billion National Rail Program will reduce travel times, connect people with jobs and provide more options about where to live, work and invest.

Our equity commitment of up to $5.3 billion towards a Government Business Enterprise to build and operate Western Sydney Airport ends decades of indecision, with initial works to commence before the end of next year.  The Turnbull Government is also providing an additional $8.4 billion equity to the Australian Rail Track Corporation for Inland Rail to provide a high-capacity freight link between Melbourne and Brisbane. 

SABRA LANE:          

The Federal Government set aside billions in the Budget with money set aside for the Snowy 2.0 project and the new Western Sydney airport. Billions have also been earmarked for the inland rail project which has been talked about for decades. And another 10 billion will be funnelled into a new national rail program to fund priority regional and urban rail programs.

Joining me now to discuss it is Paul Fletcher the Minister for Urban Infrastructure. Minister, good morning and welcome to AM.

The Turnbull Government has committed $30 million to develop a rail link between the CBD of Melbourne and Tullamarine Airport.

Such a link is critical to the effective functioning of Melbourne’s transport system as the city continues to grow strongly.

The Turnbull Government has committed up to $5.3 billion over 10 years in the 2017-18 Budget to build Western Sydney Airport through a new company, WSA Co.

This major funding announcement is integral to the Government’s commitment to ensure the new airport is operational by 2026.

It makes sense for the taxpayer to build and be the first owner of such projects

The Turnbull government has announced it will build and own Western Sydney Airport, rather than Sydney Airport Group or another private sector company.

The Turnbull government has committed to constructing Sydney's $5 billion-plus airport at Badgerys Creek and left the door open to the private sector running it once the first flights begin in less than a decade.

Confirmation of the government's intentions come after Sydney Airport turned down its "right of first refusal" to build and operate Western Sydney Airport because of the "considerable risks" it would bear for decades.

Thursday, 04 May 2017 16:14

Herald Sun - Competition gets airborne

GOOD. Infrastructure minister Paul Fletcher is to be very profoundly congratulated for staring down the extraordinarily greedy Macquarie-led - or is that repeating myself? - Sydney Airport Corporation and committing the federal government to build the second Sydney airport.

It will cost $6 billion. That will most decidedly be some of treasurer Scott Morrison's 'good debt.' In any event it will be spread over the next 10 years or so, and at around $600 million a year essentially insignificant in the bigger budget scheme of things.

Airline giants have swung behind Sydney’s proposed $6 billion second airport as driving “healthy" competition for airport charges but have insisted the new site must be able to operate 24 hours a day.

Carriers said the government’s move to build the project would deliver certainty around the development of the project. Industry sources also said that creating a rival for Sydney airport — having an independent operator at western Sydney airport — could lead to competitive prices and services.

The Turnbull government has committed to building Sydney’s second airport.

It made the decision after Sydney Airport Group, the owner of Sydney airport, declined the government’s offer to build the new airport at Badgerys Creek in the western suburbs.

The construction of a second major airport in the Sydney area is imperative not just for the nation’s premier city but for the economic development of the entire country.

The existing KingsfordSmith Airport at Mascot accounts for one in every five aircraft movements in Australia and almost half of the nation’s international arrivals. Demand for aviation services continues to increase.

Authorised by Paul Fletcher MP, Level 2, 280 Pacific Highway Lindfield NSW 2070.

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