South Australia and Tasmania recently announced stimulus packages that will release huge sums of money into tradie-led projects — the news came soon after the Federal $688 million HomeBuilder package was announced.
All of the recent packages aim to boost the construction industry, which was hit especially hard due to the coronavirus. PM Scott Morrison hopes to start a “tradie-led recovery to help spark the economy as Australia emerges from the effects of COVID-19” and hopefully save thousands of jobs.
$145 million for SA roads and infrastructure
The South Australian government announced that it will fund $145 million for infrastructure projects. Prime Minister Scott Morrison along with Premier Steven Marshall unveiled the plan on 25 June.
The government hopes the new package will create more tradie jobs and help rebuild the economy. The works are meant to lessen traffic on the South Eastern Freeway and increase road safety.
There are 13 shovel-ready projects, including some road safety projects which are part of the larger $1.5 billion federal infrastructure boost. One of the projects is a $12 million upgrade to the North-South freight route which will begin construction as early as September.
Read more about the package on the SA Government website.
Tasmania adds $46 million to infrastructure jobs
For those down in Tassie, Prime Minister Scott Morrison and Premier Peter Gutwein announced on 25 June that they’ll be investing an additional $46 million in infrastructure projects throughout the state. The government hopes that further investment will help the Tasmanian economy as it recovers from the COVID-19 pandemic.
PM Morrison said, “This package builds on the fast-tracking of $173 million for infrastructure in Tasmania which we announced last November, locking in priority upgrades that will increase productivity, improve safety and boost jobs at a time we need it most.”
The projects will include road safety upgrades. Shovel-ready projects including road widening, surface work and bridge strengthening.
Get more info from the Tasmanian government.