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State Budget

What is means for the Coast

State Budget

The State Budget has been delivered....here's how some of the major players have responded.

Liberals -

Parliamentary Secretary for the Central Coast Scot MacDonald MLC said today’s Budget will continue record levels of investment in infrastructure by the Liberal national Government

 

The NSW Budget expects a record surplus of $4.5 billion in 2017-18, with a surplus of $2.7 billion forecast for 2018-19 and average surpluses of $2.0 billion forecast over the four years to 2020-21.

 

Key Budget highlights for the Central Coast include:

  • continuing work on the $348.0 million redevelopment of Gosford Hospital with $87.2 million allocated in 2017-18 plus $25 million for the Hospital car park
  • $200.0 million for Wyong Hospital Redevelopment with $10.0 million allocated in 2017-18 for planning
  • $188.3 million in 2017-18 for Central Coast roads. This includes:
    • $9.3 million for completing the upgrades at the Wyong Road intersections with the Pacific Highway and Tumbi Road
    • $31 million for commencing construction of the M1 Pacific Motorway widening between the Kariong interchange and the Somersby interchange
    • $93.7 million for continuing construction on the M1 between the Tuggerah and Doyalson interchanges and on the Pacific Highway widening between Lisarow and Ourimbah
    • $1.5 million in 2017-18 for the Empire Bay Drive, The Scenic Road and Cochrone Street intersection upgrade (planning)
  • $2.0 million over two years from 2017-18 for the Kariong Fire Station renovation and extension
  • investing an estimated total of $2.0 million in 2017-18 towards repairing the Coastal Wall at The Entrance
  • continuing with the relocation of 300 staff from the Office of State Revenue to Gosford by 2019.

New South Wales has no net Government debt. The strongest position in the country.

 

The Government is continuing with record levels of investment in infrastructure, with $72.7 billion committed over four years in this Budget.

 

The budget includes investment of $7.7 billion over four years for world-class hospitals and health infrastructure, and $4.2 billion over four years for new and improved schools.

Member for Terrigal, Adam Crouch said today’s Budget will continue record levels of investment in infrastructure like hospitals, schools, roads and public transport, laying the foundations for communities across the Terrigal Electorate and New South Wales to flourish.

 

The NSW Budget 2017-18 shows New South Wales is expected to record a surplus of $4.5 billion in 2016-17, with a surplus of $2.7 billion forecast for 2017-18 and average surpluses of $2.0 billion forecast over the four years to 2020-21.

 

New South Wales continues to have negative net debt, with net debt projected to be negative $7.8 billion at June 2017 – by far the lowest level on record – and forecast to remain lower than any other mainland state as a share of GSP.

 

The Government is continuing with record levels of investment in infrastructure, with $72.7 billion committed over four years in this Budget.

 

The budget also delivers $411.3 million of additional funding to address the appalling $1billion backlog of maintenance in schools left by the former Labor State Government. This investment now means a record $747.4 million over 4 years to continue to address the maintenance backlog in our public schools.

 

“I am delighted that Terrigal Public School and Wamberal Public School will be receiving significant infrastructure upgrades of new permanent classrooms. These upgrades will provide the school facilities our community needs and deserves,” “I’m pleased the NSW Government is delivering these much-needed resources for the education of our children.”

 

The budget includes a record investment of $7.7 billion over four years for world-class hospitals and health infrastructure, including $87.2 million for the continuing work of the $348 million Gosford hospital redevelopment. 

 

In addition, the Government is maintaining record levels of transport and road investment – totalling $41.4 billion over four years – getting commuters home faster to spend more time with their families, this includes $188.3 million for Central Coast roads.

 

This will also see the commencement of the construction on the M1 Pacific motorway widening, between Kariong interchange and the Somersby interchange.

 

“This budget is a fantastic result for our community in the Terrigal electorate,” Adam Crouch stated, “especially with the additional funding announced for families across the Central Coast who are big winners from the record $401 million sport budget.” $207 million over 4 years is being allocated to the “Active Kids Rebate” with parents eligible for a $100 rebate to help meet the costs of getting children involved in community sport for every school-aged child.

 

Adam Crouch MP said the Government’s strong economic and financial management, and its successful reform agenda, means that the Terrigal Electorate is sharing in the world-class infrastructure and services announced today.

 

“This Budget delivers real change for families, retirees, small business owners and residents living across the electorate of Terrigal, laying the foundation for future growth across our community,” Adam Crouch said.

Labor - 

The Berejiklian Government’s budget has failed to deliver for the Central Coast, despite a promise from the Treasurer to “focus on local communities”.

 

Treasurer Dominic Perrottet vowed in April that his first Budget would have “a clear focus on local infrastructure and (deliver) for local communities… to make sure that everyone is sharing in that success.”

 

Central Coast Labor MPs are disappointed and frustrated that the Treasurer failed to mention the Central Coast once in his half hour budget speech.

 

Despite the $4.5 billion surplus and a raft of privatisations and service cuts that have affected the Central Coast, the budget has delivered no new projects.

 

Among the disappointments and broken promises for the Central Coast in this budget are the complete abandonment of the Woy Woy rail underpass, no start to construction on the Pacific Highway upgrade through Wyong and a failure to fully fund the $200 million promise for Wyong Hospital.

 

After a bungled announcement of a new school for Warnervale yesterday, the budget failed to even mention the project, which will left residents confused about the future of their local schools.

 

The Central Coast regional overview in the Budget consists almost exclusively of ongoing projects from budgets passed including long delayed commitments from when the government first came to power in 2011.

 

Despite allocating some money for the Wyong Hospital upgrade, the Government has made no mention of its privatisation plans and continues to leave the future of the hospital in limbo with no clear plan for the delivery of the upgrade.

NRMA - 

The NRMA has today welcomed $223.4 million in funding for Central Coast and Hunter roads in today’s State Budget, up from $201.8 on last year.

 

The record budget has pumped $11.2 billion into the state’s roads, a significant 15 percent increase from $9.7 billion (2016/2017).

 

Central Coast spending has increased from $150.5 million (2016/17) to $184.1 million (2017/18) in capital expenditure however, Hunter region expenditure has fallen from $51.3 million (2016/17) to $39.3 million (2017/18).

 

Highlights for the Central Coast and Hunter region include:

  • $93.7 million for ongoing widening of the Pacific Motorway (M1) between Wyong Road and the Doyalson Link Road
  • $31 million to commence widening of the Pacific Motorway (M1) between the Kariong and
  • Somersby interchanges
  • $1.7 million for planning John Renshaw Drive and Weakleys Drive intersection (M1)
  • $23.4 million for ongoing upgrade of Tourie Street-Cormorant Road
  • $3.75 million for Stage 5 Newcastle Inner City Bypass
  • $206 million for light rail to improve travel options and connectivity through, key precincts, Newcastle city centre and the foreshore; and
  • $253 million for new intercity fleet connecting Sydney, the Central Coast, Newcastle, the Blue Mountains and the South Coast.

 

NRMA Chairman and local Director, Kyle Loades welcomed the funding for the Hunter and the Central Coast, yet renewed calls to fund the crucial Lake Macquarie Transport Interchange.

 

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