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Victoria is set to be the big winner from the federal budget

Macquarie National News

Victoria is set to be the big winner from tomorrow’s federal budget with nearly $8 billion to be promised for new roads and rail lines.

Nearly one-third of the government’s $24.5 billion infrastructure allocation will be spent here.

The Herald Sun is reporting $1.75 billion will go toward the North-East Link, including new tunnels and extra lanes on the Eastern Freeway.

Two new rail lines are earmarked for the south-east — $475 million to link Monash University’s Caulfield and Clayton campuses, and $225 million to electrify the Frankston line to Baxter.

The state government has previously said it wants a tram line, not train line, to link the Monash campuses.

TUESDAY: Join Ross Greenwood for a special federal budget edition of Money News

Macquarie National News
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