Western Sydney has come out as a big winner in the latest NSW State Budget with a number of key projects announced that are set to greatly benefit the region.
The latest budget, which has outlined how the government plans to spend $51.2 billion over the four years to 2021-22, has acknowledged the important role that Western Sydney plays for the future of Sydney. It is home to over a quarter of the New South Wales population and is experiencing faster population and employment growth than the rest of the state.
To keep up with this massive growth, the region is set to be transformed over the next 20 years, with major financial commitments promised from all levels of government as part of the Western Sydney City Deal, including the Commonwealth Government’s $5.3 billion investment in the Western
Transport is one way the region will be transformed. One of the highlights of the state budget was a new Sydney Metro West project that will link Parramatta and the CBD.
The government has reserved $3 billion from the Restart NSW fund for early works, land acquisition and tunnelling, and a further $28.1 million has been allocated for the business case.
Funding will also be set aside for the planning and development of the final business case for the North-South Rail Link. The first stage of this project will connect St Marys to the Badgerys Creek Aerotropolis via the Western Sydney Airport.
In addition to these major projects funding has been set aside for roads, schools, healthcare and more.
Overall, key projects for Western Sydney from the 2018-19 Budget include:
- $2.4 billion in 2018-19 for Sydney Metro Northwest – Australia’s first fully automated metro rail system scheduled to commence in the first half of 2019;
- $3 billion reserved for Metro West planning and early procurement – the third line of the Metro system that connects Parramatta to Sydney CBD through Olympic Park and the Bays Precinct;
- $258 million towards Parramatta Light Rail Stage 1 to support growth in Western Sydney, create new communities and connect places. (Crosses Sydney Metropolitan Region);
- $183.7 million in 2018-19 on Western Sydney Stadium (with an estimated total cost of $360.0 million). Construction has commenced on the grandstands and the project is on track for completion in the first half of 2019;
- $240 million in 2018-19 ($640.0 million total Government contribution) to relocate the Powerhouse Museum at Parramatta and, expand storage at the Museum Discovery Centre;
- $5.6 million in 2018-19 to continue the Western Sydney Parklands park improvement program to activate and link of the Northern and Southern Parklands, improve play and recreational areas, and restore and expand the bushland corridor;
- $188.5 million for Stage 1 of the Westmead Hospital Redevelopment, at an estimated total cost of $765.0 million;
- $20 million for Stage 2 of the Campbelltown Hospital Redevelopment (including the Mental Health and South West Paediatric services), at an estimated total cost of $632.0 million;
- $90 million for Stage 1 and Stage 2 of the Blacktown and Mount Druitt Hospital redevelopment, at an estimated total cost of $659.2 million;
- $70 million for the Nepean Hospital and integrated ambulatory services, at an estimated total cost of $550 million with a further commitment to Stage 2;
- The Western Sydney LHD will receive total recurrent funding in excess of $1.7 billion in 2018-19;
- $20 million in 2018-19 towards planning for Parramatta Light Rail Stage 2;
- $25 million over 4 years for project development, to deliver a final business case and undertake consultation for the construction of a Hawkesbury River crossing from Richmond to North Richmond, and;
- $35 million in 2018-19 to develop the final business case for the North-South Rail Line to service the new Western Sydney Airport (includes Commonwealth Government contributions).
Further details about the latest budget can be found at www.budget.nsw.gov.au.