Skip to content
Transport Automotive

ARA welcomes commitment to key rail projects in NSW Budget

Australasian Railway Association 2 mins read

The Australasian Railway Association (ARA) has welcomed the NSW Government’s investment in several significant rail projects as part of its $72.3 billion commitment to transport infrastructure in the 2023-24 Budget.

ARA CEO Caroline Wilkie said it was encouraging to see the NSW Government continue its commitment to the vital Sydney Metro projects, maintaining funding allocations for Sydney Metro West, Sydney Metro to Western Sydney Airport and Sydney Metro City and Southwest.

The NSW Government today announced several new rail investments in the 2023-24 Budget, including:

  • An additional $1 billion for Sydney Metro City and Southwest
  • An additional $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
  • $95.9 million for the Fixing Country Rail program, to deliver improved capacity and reliability to the regional rail network and deliver a highly functional network for moving freight in and out of regional areas.
  • $1.4 billion for the delivery of a new regional rail fleet to replace the ageing regional fleet.

 

“A safe, reliable and sustainable transport system is essential to enabling NSW communities to thrive as it is proven to deliver great economic, social and environmental benefits,” Ms Wilkie said.

“These city-shaping transport infrastructure projects in NSW not only create tens of thousands of jobs during construction but, once complete, provide a vital connection for communities and reduce congestion on our busy roads.

“It is critical that we increase the capacity of the rail network to meet growing demand, with faster and more frequent and reliable services.”

Ms Wilkie said it was critical the Sydney Metro West project continued as planned to meet the needs of Sydney’s growing western suburbs.

The ARA looks forward to the completion of the Sydney Metro West Review so the full benefits of the once-in-a-generation project can be realised by the community.

Ms Wilkie also said rail plays an important role in the decarbonisation of transport and meeting Australia’s future net zero target.

An ARA report, Return to Rail Insights, published in December last year, confirmed the sustainable benefits of public transport, with two thirds (66 per cent) of respondents viewing rail as the most environmentally sustainable transport mode.

“Greater use of public transport will be key to reducing emissions in our communities, while also supporting improved health outcomes - one commuter train takes 578 cars off the road.”

 


Contact details:

Further information

Natasha Wallace
Senior Strategic Communications Manager
0499 272 672,
nwallace@ara.net.au

Media

More from this category

  • Transport Automotive
  • 26/07/2024
  • 08:00
Air Springs Supply

Big trucks – especially articulated vehicles – work safer for longer with an air spring maintenance checklist

Heavy truck suspension airbags take a pounding. Unless they are top quality OEM standard air spring suspensions, they may leak sooner rather than later.…

  • Contains:
  • Transport Automotive
  • 26/07/2024
  • 01:56
Akwel

AKWEL: TURNOVER OF €528.8M IN THE FIRST HALF OF 2024

        Champfromier, Thursday, July 25, 2024TURNOVER OF €528.8M IN THE FIRST HALF OF 2024Turnover down -2.8% at constant scope and exchange ratesNet cash position of €115.1M on June 30, 2024AKWEL (FR0000053027, AKW, PEA-eligible), parts and systems manufacturer for the automotive and heavy-vehicle industry, specialist in fluid management, mechanisms and E-powertrain parts, has recorded, over the first half of 2024, a consolidated turnover of €528.8M, down -3.1% compared to the first half of 2023.Consolidated turnover (from January 1 to June 30, 2024)in €m — unaudited20242023VariationPCC variation (1)1st quarter263.5274.6-4.0%-3.3%2nd quarter265.3271.2-2.2%-2.2%1st half528.8545.8-3.1%-2.8%(1)At constant scope and exchange rates Over the first half of the year,…

  • Transport Automotive
  • 25/07/2024
  • 20:56
Piedmont Lithium

Piedmont Lithium Announces Q2’24 North American Lithium Operational Results

Piedmont shipped approximately 14,000 dmt of spodumene concentrate in Q2’24; targets 96,500 dmt in H2’24 Record quarterly production of 49,660 dmt, up 23% from…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.