Master Builders has prepared this summary of the NSW State Government Budget for 2018-2019.
This update focuses on matters that are of particular significance to the NSW building and construction industry.
Of significant note is the state government’s four-year capital investment program to 2020-2021, which is forecast to be $87.2 billion. More than half is dedicated to transport and roads spending totalling $51.2 billion over four years.
For ease of reference, a project by project breakdown of the budget is set out in the following summary. To avoid duplication, more information on budget initiatives specific to each region of NSW has been made available in the ‘Regional Overview’ booklet which was prepared and published by NSW Treasury;
Major Capital Works and Infrastructure
The Government’s infrastructure program includes funding for a wide range of infrastructure projects:
- Health Infrastructure of $8 billion over the four years, including the planning and development of over 40 new and upgraded hospital builds, including:
- redevelopment of the Liverpool Health and Academic Precinct
- Griffith Hospital Redevelopment Stage 1
- next stage of a new health service at Rouse Hill
Education and Skills Infrastructure of $6.8 billion over the four years, including:
- to support the planning or delivery of over 170 new and upgraded schools
- to install air conditioning in various schools
- for a new fleet of Mobile Training Units to complement TAFE’s Connected Learning Centres, as part of the overall investment in TAFE NSW infrastructure of $399.4 million
Public Transport and Roads
The capital program represents $51.2 billion investment over the four years to 2021-22 for public transport and roads.
- $26.6 billion for public transport
- $24.6 billion for roads
New transport and road projects in this Budget include:
- F6 Extension Stage 1
- North-South Rail for Western Sydney Airport Stage 1
- Westconnex (including Sydney Gateway)
- Western Harbour Tunnel and Beaches Link.
- Sydney Metro West ($3 billion)
- F6 Extension Stage 1 ($1.2 billion)
- Upgraded rail infrastructure, signalling systems, power supply upgrades and station improvements, 24 new Waratah Series 2 trains ($1.6 billion)
- Western Harbour Tunnel and Beaches Link ($556.2 million)
- Parramatta Light Rail Stage 2 ($20 million)
- North-South Rail for Western Sydney Airport Stage 1 ($100 million)
- Upgrades of Heathcote Road – ($100 million)
- Woronora River Bridge – widening project ($73 million)
- Macquarie Park Transport Interchange ($84.2 million)
- Sealing Country Roads program – to complete the sealing of the Silver City and Cobb Highways ($40 million)
Hospitals and Health
NSW will spend $2.3 billion on hospitals and health services in 2018-19, with $8 billion being invested over the next four years for new facilities, upgrades and redevelopments. Major health related infrastructure works and programs include:
- Major redevelopment of Liverpool Health and Academic Precinct
- Griffith Base Hospital - Stage One
- Western Cancer Centre - Dubbo
- $188 million on continuation of Westmead Hospital redevelopment
- $90 million on continued expansion of the Blacktown and Mount Druitt Hospitals
- $94 million on Nepean Hospital and Integrated Ambulatory Services Redevelopment
- $10 million on St George Hospital expand and refurbish birthing suite and refurbish existing theatre
- $87 million to refurbish the Bankstown-Lidcombe Emergency Department ($6.5million), and continuation of hospital builds at Grafton, Inverell, Manning, Coffs Harbour, Cooma and Bowral
- $75 million for Rouse Hill
- $33.6 million for car parks at Campbelltown, Wyong and Port Macquarie hospitals
- $15 million - planning for John Hunter, Nepean Stage 2, Sydney Children’s Hospital Westmead Stage 2, Albury medical care and obstetric and neonatal services, Canterbury, Bankstown, Shoalhaven (Nowra), Hornsby and
Goulburn ambulatory care. - $108.6 million continuation of building new hospitals at Tweed, Macksville, Maitland, and Mudgee.
Social and Indigenous Housing Infrastructure
The Communities Plus program represents a $22 billion program over ten years to deliver 23,000 new and replacement social housing dwellings in:
- Arncliffe
- Villawood
- Telopea
- Riverwood
- Waterloo, and
- Redfern
The Social and Affordable Housing Fund (SAHF) represents $1.1 billion in social housing placement projects.
The Budget will invest more than $33 million over four years in new funding to deliver the Aboriginal Housing Strategy that will provide homes and support services.
Skills and Education
The NSW Government is investing $1.77 billion in TAFE NSW to boost vocational education and training and deliver the skilled workforce of the future:
- $179.5 million capital works projects, including new Connected Learning Centres in rural and regional NSW, campus upgrades and specialist training facilities
- $285.2 million (over 6 years) to fund 100,000 apprenticeships (all sectors).
Schools Infrastructure
- $6 billion over the next four years to deliver more than 170 new and upgraded schools, including planning for more than 20 new projects. This includes new capital works projects and $500 million installation of air-conditioning.
- $160 million to be spent in 2018-19 to continue planned school maintenance, part of $747 million investment over four years.
The NSW Government will also spend $1.3billion on non-government schools, including a $32 million increase in the Building Grants for capital works projects over four years.
Policing and Corrective Services Infrastructure
- $118 million to redevelop police stations at Parramatta, Hurstville, Port Macquarie, Cessnock, Broken Hill and Inverell, upgrade Gosford Police Station and to redevelop an additional fifteen regional police stations in towns across the state
- $779 million to complete construction of the new Grafton correctional centre.
Culture, Arts and Sports Infrastructure
Sport and active recreation will receive a major boost in NSW Budget 2018 with $537 million invested in local facilities and initiatives across the State. Capital works and major projects include:
- $729 million for a new Sydney Football Stadium
- $183.7 million for the completion of Western Sydney Stadium
- $100 million for the Regional Sport Infrastructure Fund to increase the number and quality of regional sporting facilitie
- $100 million over three years for the Greater Sydney Sport Facility Fund to increase the number and quality of sporting facilities in population dense areas
- $245 million to build new Powerhouse Museum in Parramatta
- $50.5 million redevelopment and expansion of Australian Museum
- $32.6 million construction of two ferry wharves on the shores of Botany Bay