The Minns Labor Government’s 2023-24 Budget invests $72.3 billion over the next 4 years to improve road, train, metro, bus, ferry, light rail, and active transport options, and play a vital role in helping the NSW Government unlock more housing.
The Government is investing $72.3 billion to deliver new and improved transport infrastructure, including:
- Investing an additional $1 billion in Sydney Metro City and Southwest to get this project back on track after delays and cost blowouts left the project unable to be completed.
- $7.9 billion over 4 years to deliver the Sydney Metro to Western Sydney Airport, with 6 new stations to service the future Western Sydney International Airport.
$302.7 million reserved for a Western Sydney rapid bus network to connect the communities of Penrith, Liverpool, Campbelltown to the future Western Sydney International Airport.
$300 million to upgrade train station car parks and make stations more accessible through the installation of new lifts, ramps and footbridges.
$200 million reserved to expedite the planning for the procurement, construction and delivery of Parramatta Light Rail Stage 2 for Western Sydney.
$71.1 million to return Freshwater Class ferries to the Circular Quay-Manly route.
$43 million for seven new Australian-made Parramatta River Class ferries.
$15.8 million for Transport for NSW to invest in the Public Transport Information and Priority System to improve real time bus tracking for passengers. This investment will help end “ghost buses” and improve the reliability and confidence of passengers and was a key recommendation of the Bus Industry Taskforce Report.
$60 million in additional investment for active transport infrastructure. This will enable local councils to deliver projects that expand cycleway networks and increase opportunities for walking, including in greenfield developments in Western Sydney.
Responsible infrastructure investment means we are rebuilding essential services while lowering government debt for the first time in 20 years, all without privatising public assets.
The Minns Labor Government is setting out a long-term plan to repair the Budget in a sustainable way, to rebuild the essential services we all rely on, and to take pressure off NSW families and businesses.
