6     Infrastructure Investment

Key Issues

·       The 2022‑23 Budget includes total infrastructure funding of $5.6 billion, an increase of approximately $1 billion from the 2021-22 Budget. This funding continues the Government’s strong commitment to strengthening Tasmania’s future.

·       Infrastructure investment in the General Government Sector exceeds $4.8 billion over the 2022‑23 Budget and Forward Estimates. This investment includes funding for roads and bridges ($2.7 billion); human services and housing ($578.4 million); hospitals and health ($490.4 million); schools, education and skills ($313.7 million); ICT support to service delivery ($297.2 million); law and order ($222.9 million); and tourism, recreation and culture ($205 million).

·       The Budget includes additional funding of $447.7 million for the delivery of new infrastructure projects, which includes $283.2 million to be delivered by the General Government Sector.

·       To support the housing needs of Tasmanians, the Government has announced a 10-year $1.5 billion commitment that will deliver 10 000 new social and affordable homes by 2032. This funding commitment will be delivered by the new Housing Authority.

·       The 2022‑23 Budget includes $730.5 million towards the delivery of the New Bridgewater Bridge. This project is the biggest transport infrastructure project in Tasmania’s history and will improve safety, reduce travel times and support local jobs. Construction will commence later this year and, while the project has a target construction completion date of mid‑2025, the bridge will be open to traffic by the end of 2024.

·       In addition to the significant investment in the General Government Sector, the 2022-23 Budget supports investment by government businesses and other entities, with $736.9 million in equity funding for infrastructure investment. This funding includes equity contributions of: $229 million to Tasmanian Railway Pty Ltd for projects including Tranche 4 of the Tasmanian Rail Revitalisation Program; $202 million to Tasmanian Irrigation Pty Ltd for the Tranche 3 of the Irrigation Projects and Energy on Farms initiatives; and $100 million to the Tasmanian Water and Sewerage Corporation Pty Ltd to support its accelerated infrastructure program.

Overview

The 2022‑23 Budget and Forward Estimates includes investment in excess of $4.8 billion in community infrastructure projects, to be delivered by Government agencies, including:

·       roads and bridges ($2.7 billion);

·       human services and housing ($578.4 million);

·       hospitals and health ($490.4 million);

·       schools, education and skills ($313.7 million);

·       ICT to support service delivery ($297.2 million);

·       law and order ($222.9 million);

·       tourism, recreation and culture ($205 million); and

·       other infrastructure ($27.8 million).

In addition, the 2022‑23 Budget and Forward Estimates includes infrastructure investment outside of the General Government Sector through government businesses and other entities, supported by Government equity contributions of $736.9 million.

The 2022‑23 Budget supports a substantial pipeline of infrastructure investment to sustain Tasmania’s recovery from the COVID-19 pandemic, support economic activity and jobs across the State, and meet current and future infrastructure needs.

A number of the infrastructure projects extend beyond the current Forward Estimates period including: the New Housing Package; Launceston General Hospital Redevelopment - Stage 2; the Next Iconic Walk, West Tamar Highway Traffic Solution; projects funded under the Roads of Strategic Importance program; and the Tamar River Bridge.

The Government continues to provide Tasmanian businesses with certainty of long‑term growth in public infrastructure investment, enabling businesses to plan and invest with confidence. Further information regarding the Government’s long‑term infrastructure investment plans is available in the 10 Year Infrastructure Pipeline - Online Database.


 

Chart 6.1 details agency infrastructure investment from 2016‑17 to 2021‑22 and budgeted infrastructure investment over the 2022‑23 Budget and Forward Estimates.

Chart 6.1:         Agency Infrastructure Investment, 2016-17 to 2025-26

Title: Agency Infrastructure Investment, 2016-17 to 2025-26 - Description: The chart shows that Government’s agency infrastructure investment over the 2022-23 Budget and Forward Estimates is higher than historical infrastructure investment levels. It reaches a series high in 2023-24, followed by decreases in 2024-25 and 2025-26.

General Government Sector Infrastructure Investment Projects by Agency

Table 6.1 details infrastructure investment expenditure within the General Government Sector by agency.

Table 6.1:         Infrastructure Expenditure by Agency1,2

 

2021‑22 

2021‑22 

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

 

Estimated 

 

Forward 

Forward 

Forward 

 

Budget 

Outcome 

Budget 

Estimate 

Estimate 

Estimate 

 

$m 

$m 

$m 

$m 

$m 

$m 

 

 

 

 

 

 

 

Agencies

 

 

 

 

 

 

Communities Tasmania

122.1 

160.5 

206.7 

155.4 

131.0 

85.2 

Education

47.0 

39.1 

69.7 

95.2 

60.6 

24.1 

Finance-General

23.9 

18.7 

17.5 

19.8 

25.0 

29.0 

Health

113.8 

100.5 

164.4 

183.3 

153.6 

153.0 

Justice

59.0 

49.2 

35.5 

39.0 

45.9 

35.0 

Legislature-General

0.1 

0.1 

.... 

.... 

.... 

.... 

Natural Resources and Environment Tasmania

32.1 

27.9 

29.1 

45.7 

55.1 

38.6 

Police, Fire and Emergency Management

30.3 

34.2 

31.6 

32.1 

20.8 

22.3 

Premier and Cabinet

1.5 

0.8 

1.8 

0.9 

0.3 

0.3 

State Growth

371.6 

403.1 

746.0 

773.3 

724.6 

533.2 

 

 

 

 

 

 

 

Statutory Authorities

 

 

 

 

 

 

Inland Fisheries Service

0.3 

0.3 

0.3 

0.3 

0.3 

.... 

Marine and Safety Tasmania

1.6 

1.6 

.... 

.... 

.... 

.... 

Royal Tasmanian Botanical Gardens

.... 

.... 

.... 

1.0 

3.0 

.... 

TasTAFE

25.3 

15.5 

21.6 

20.0 

12.0 

11.0 

 

 

 

 

 

 

 

TOTAL INFRASTRUCTURE EXPENDITURE

828.5 

851.4 

1 324.2 

1 366.0 

1 232.2 

931.7 

 

 

 

 

 

 

 

Notes:

1.    This Table includes expenditure (both Purchases of Non-Financial Assets and associated expenses) for all infrastructure projects, but does not include minor asset purchases for non-infrastructure projects. For these reasons, the Table is not equivalent to the Purchases of Non-Financial Assets presented in chapter 4 of this Budget Paper. Table 6.5 provides a reconciliation of Purchases of Non‑Financial Assets to Infrastructure Investment.

2.    Estimated Outcome expenditure for some agencies, when compared with the 2021‑22 Budget, may reflect increased expenditure for some projects, partially offset by a change in expenditure from 2021‑22 to 2022‑23 and 2023‑24.

Infrastructure Investment Outside the General Government Sector

Infrastructure investment undertaken by Government Business Enterprises or State-owned Companies is outside of the General Government Sector and is, therefore, not included as infrastructure investment for the purpose of this chapter. Other associated entities such as the Macquarie Point Development Corporation, and the Tasmanian Water and Sewerage Corporation Pty Ltd also operate outside of the General Government Sector. Information on infrastructure investment undertaken by these entities can be found in entity annual reports and on entity websites.

The 2022‑23 Budget includes equity contributions that are provided through the General Government Sector to directly support a number of these entities to undertake infrastructure projects. These equity contributions are detailed in Table 6.2.

All equity contributions to these entities are made through Finance-General.

Over the 2022‑23 Budget and Forward Estimates, the total equity funding allocated to infrastructure investment is $736.9 million. When combined with the General Government Sector agency infrastructure funding, this takes the total investment by the State and Australian Governments in infrastructure over this period to $5.6 billion.


 

Table 6.2:         2022-23 Budget Total Infrastructure Investment Funding

 

2021-22 

2022-23 

2023-24 

2024-25 

2025-26 

 

 

 

Forward 

Forward 

Forward 

 

Budget 

Budget 

Estimate 

Estimate 

Estimate 

 

$m 

$m 

$m 

$m 

$m 

 

 

 

 

 

 

General Government Sector Infrastructure Investment

828.5 

1 324.2 

1 366.0 

1 232.2 

931.7 

 

 

 

 

 

 

Government Businesses

 

 

 

 

 

Hydro Tasmania

.... 

9.8

19.2 

23.0

.... 

Metro Tasmania Pty Ltd

12.7

11.9

12.7

0.4

0.1

Port Arthur Historic Site Management Authority

3.0

.... 

.... 

.... 

.... 

Tasmanian Irrigation Pty Ltd

53.8

73.6

57.3

45.0

26.0

Tasmanian Ports Corporation Pty Ltd

5.0

.... 

.... 

.... 

.... 

Tasmanian Railway Pty Ltd1

70.9

77.9

56.0

49.0

46.0

Tasracing Pty Ltd

10.5

5.7

.... 

.... 

.... 

TT-Line Company Tasmania Pty Ltd

21.7

41.1

.... 

.... 

.... 

Total

177.6

220.0

145.2

117.4

72.1

 

 

 

 

 

 

Other

 

 

 

 

 

Macquarie Point Development Corporation

27.4

28.2

9.0

.... 

.... 

Stadiums Tasmania

20.0

22.5

22.5

.... 

.... 

Tasmanian Water and Sewerage Corporation Pty Ltd2

40.0

50.0

50.0 

.... 

.... 

Total

87.4 

100.7

81.5

.... 

.... 

 

 

 

 

 

 

TOTAL

1 093.4

1 644.9

1 592.7

1 349.5

1 003.8

 

 

 

 

 

 

Notes:

1.    The Tasmanian Railway Pty Ltd profile includes new funding for Tranche 4 of the Tasmanian Rail Revitalisation Program, the overhaul of TasRail’s legacy locomotives, the reconnection of the Bell Bay rail line to the Port of Bell Bay and the construction of a new minerals hub on the Melba rail line.

2.    In addition to the equity contributions to Tasmanian Water and Sewerage Corporation detailed in this table, the Government is also providing grant funding to support the Macquarie Point wastewater treatment plant relocation project and the upgrade of Launceston’s combined stormwater and sewerage system.

Government Businesses

Hydro Tasmania

The Australian Government has committed $52 million over three years, commencing in 2022‑23, to support the redevelopment of the Tarraleah Power Plant.

Metro Tasmania Pty Ltd

The 202223 Budget and Forward Estimates reflects equity contributions of $25.2 million to Metro. Funding of $19.6 million has been provided to assist with the implementation of a common ticketing solution that will apply to all Tasmanian general access public transport services. Funding of $5.5 million has also been provided to undertake a zero emission bus trial.

Tasmanian Irrigation Pty Ltd

The 2022‑23 Budget and Forward Estimates include the continuation of the State’s equity contributions to Tasmanian Irrigation to support Tranche 3 irrigation projects and the Energy on Farms initiatives. Additional State funding of $1.5 million, in 2022-23, has also been committed to support the Lake Leake Dam Life Extension project.

The Australian Government has committed $90.3 million over the Budget and Forward Estimates to support Tranche 3 irrigation projects, including an additional $13.7 million in funding for the Don Irrigation Scheme in 2022-23. The Australian Government has also committed $6.5 million to support the Greater Meander Irrigation Scheme Augmentation and Lake Leake Dam Life Extension project.

Tasmanian Railway Pty Ltd

The 2022-23 Budget and Forward Estimates include $228.9 million in equity contributions from the State and Australian Governments to TasRail. The equity contributions include existing funding commitments of $117.9 million for Tranches 2 and 3 of the Tasmanian Rail Revitalisation Program, the replacement of the bulk minerals Shiploader and the upgrade of the Bulk Minerals Export Facility at the Port of Burnie. The contributions also include: new funding totalling $111 million over the Budget and Forward Estimates for Tranche 4 of the Tasmanian Rail Revitalisation Program; the overhaul of TasRail’s legacy locomotives; the reconnection of the Bell Bay rail line to the Port of Bell Bay; and the construction of a new minerals hub on the Melba rail line.

Tasracing Pty Ltd

The 2022‑23 Budget includes $5.7 million for racing infrastructure in the North West of the State.

TT-Line Company Pty Ltd

The replacement of TT-Line’s passenger ferries represents a significant long-term investment by the State. TT-Line has entered into a contract with Finnish shipbuilder Rauma Marine Constructions for the delivery of two steel monohull passenger vessels. The contract provides for the delivery of vessel one in late 2023 and vessel two in late 2024. The cost of the purchase of the vessels is supported by the allocation of funding from the TT-Line Vessel Replacement Fund. The balance of the Fund will be withdrawn in 2022-23, in accordance with the contracted payment profile for the purchase of the new vessels.

Other

Macquarie Point Development Corporation

The 2022-23 Budget includes a $37.2 million contribution to the MPDC. This funding will support the next development stage by progressing remediation works and the establishment of key enabling infrastructure.

Stadiums Tasmania

An equity contribution of $45 million over the next two years will be provided to Stadiums Tasmania, which will oversee the development and management of stadium assets.


 

Tasmanian Water and Sewerage Corporation Pty Ltd

In 2018-19, the Government committed funding of $300 million, over 10 years, to support TasWater’s accelerated infrastructure program (through a $200 million equity contribution) and to enable the decommissioning of TasWater’s Macquarie Point wastewater treatment plant ($100 million in grant funding). The balance of the equity funding ($100 million) will be contributed in 2022‑23 and 2023‑24.

 


 

Detailed Infrastructure Investment Projects by Agency

Table 6.3 provides infrastructure investment project details for the General Government Sector by agency, including projects which are continuing from previous Budget years and new infrastructure projects that have been funded by the Government in the 2022-23 Budget.

Table 6.3:         Infrastructure Investment Project Details by Agency1

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

Communities Tasmania

 

 

 

 

 

 

 

 

Community Housing Growth Program

Existing

2021

2024

100.0

65.4 

21.1 

.... 

.... 

Extended Social Housing Build2

Existing

2023

2028

280.0

90.6 

23.0 

13.0 

14.4 

Housing - New Projects3,4

Existing

Ongoing

na

19.7 

87.8 

83.0 

40.7 

New Housing Package2

New

Ongoing

1 100.0

.... 

5.0 

10.0 

20.0 

Supported Accommodation Facilities2

Existing

2023

2027

20.0

.... 

1.0 

5.0 

10.0 

Tasmania's Affordable Housing Action Plan 2

Existing

2018

2023

125.0

25.6 

.... 

.... 

.... 

Youth Housing Initiatives - Modular Youth Housing and Dispersed Youth Foyer

Existing

2021

2023

5.2

3.0 

.... 

.... 

.... 

Youth Justice Facilities

New

2023

2025

40.0

2.5 

17.5 

20.0 

.... 

 

 

 

 

 

206.7 

155.4 

131.0 

85.2 

Education

 

 

 

 

 

 

 

 

Bothwell District School - Agriculture in Schools

Existing

2021

2024

2.0

0.6 

1.0 

.... 

.... 

Cambridge Primary School - Major School Redevelopment

Existing

2021

2026

15.1

0.6 

3.5 

4.0 

7.0 

Campbell Town District School - Agriculture in Schools

Existing

2021

2024

2.0

0.4 

1.6 

.... 

.... 

Contemporary Classrooms2

Existing

2021

2026

10.0

0.8 

2.2 

2.0 

2.0 

 

 

 

 

 

 

 

 

 

Table 6.3:         Infrastructure Investment Project Details by Agency1 (continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

Education Act Implementation - Capital

Existing

2018

2023

18.0

0.8 

.... 

.... 

.... 

Electrical Switchboard Maintenance

New

2023

2026

8.0

2.0 

2.0 

2.0 

2.0 

Exeter High School - Major School Redevelopment

Existing

2021

2025

11.0

0.6 

3.8 

6.6 

.... 

Glen Dhu Pool5

Existing

2021

2024

3.5

1.7 

1.7 

.... 

.... 

Hobart City High School (Ogilvie and New Town Campuses)2

Existing

2021

2027

21.6

1.8 

0.8 

4.4 

7.0 

Lauderdale Primary School - Major School Redevelopment

Existing

2021

2024

6.5

1.1 

5.3 

.... 

.... 

Legana Primary School

Existing

2020

2025

24.0

4.0 

13.2 

4.8 

.... 

Montello Primary School - Major School Redevelopment

Existing

2021

2024

7.1

1.3 

5.8 

.... 

.... 

Mt Nelson School Oval

Existing

2021

2023

0.1

0.1 

.... 

.... 

.... 

New Brighton High School

Existing

2020

2025

50.0

8.0 

19.4 

18.7 

.... 

New K-12 Penguin School

Existing

2018

2023

20.0

5.0 

.... 

.... 

.... 

New K-12 Sorell School

Existing

2020

2024

22.0

10.0 

8.5 

.... 

.... 

Outdoor Learning Areas

New

2023

2023

10.0

10.0 

.... 

.... 

.... 

Renewable Energy Schools Program2

Existing

2021

2027

5.0

1.0 

1.0 

1.0 

1.0 

Revitalising Cosgrove High School

Existing

2020

2025

20.0

3.5 

10.0 

5.5 

.... 

Six New Child and Family Learning Centres

Existing

2020

2024

28.0

11.8 

12.0 

.... 

.... 

Springfield Gardens Primary School

Existing

2020

2023

1.5

1.3 

.... 

.... 

.... 

Support School Package including North West School

Existing

2021

2026

20.0

0.5 

2.5 

10.4 

3.8 

Supporting Safer Schools2

Existing

2021

2027

6.3

1.4 

1.2 

1.3 

1.3 

Woodbridge School Oval6

Existing

2021

2023

0.0

.... 

.... 

.... 

.... 

Year 7‑12 Implementation Plan - Capital

Existing

2014

2023

16.5

1.5 

.... 

.... 

.... 

 

 

 

 

 

69.7 

95.2 

60.6 

24.1 

Table 6.3:         Infrastructure Investment Project Details by Agency1 (continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

Finance-General

 

 

 

 

 

 

 

 

Digital Transformation Priority Expenditure Program

Existing

Ongoing

na

17.5 

19.8 

25.0 

29.0 

 

 

 

 

 

17.5 

19.8 

25.0 

29.0 

Health

 

 

 

 

 

 

 

 

27 New Mental Health Beds in Southern Tasmania

Existing

2018

2024

20.7

7.9 

3.5 

.... 

.... 

Air Conditioning Upgrades - Statewide

Existing

2018

2023

5.9

2.4

.... 

.... 

.... 

Burnie and Glenorchy Ambulance Stations

Existing

2018

2024

20.5

6.7

10.5

.... 

.... 

CHHP Acute Care facility NWRH7

Existing

2021

2024

10.0

4.0 

5.0 

.... 

.... 

CHHP Kings Meadows Community Centre7

Existing

2021

2024

10.0

4.0 

5.0 

.... 

.... 

CHHP St Johns Park Eating Disorders Treatment Centre7

Existing

2020

2024

10.0

4.9 

4.9 

.... 

.... 

Digital Health Transformation8

New

2023

2026

150.0

30.0 

40.0 

40.0 

40.0 

Dover Helipad

Existing

2022

2023

0.3

0.3 

.... 

.... 

.... 

Hospital Equipment Fund

Existing

2021

2024

20.0

10.0 

4.2 

.... 

.... 

Human Resources Information System

Existing

2020

2023

21.6

14.0 

.... 

.... 

.... 

Kingston Health Centre - Stage 22

Existing

2023

2027

30.0

.... 

2.0 

8.0 

10.0 

Launceston General Hospital Redevelopment - Stage 1

Existing

2018

2025

87.3

11.2 

20.0 

7.0 

.... 

Launceston General Hospital Redevelopment - Stage 2 (including Mental Health Precinct) 2,9

Existing

2021

2032

580.0

2.0 

5.0 

10.0 

33.0 


 

Table 6.3:         Infrastructure Investment Project Details by Agency1 (continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

Maternity Services at the North West Regional Hospital

Existing

2018

2023

5.8

1.5 

.... 

.... 

.... 

Mersey Community Hospital - Expanded Redevelopment

Existing

2022

2026

20.0

1.0 

4.0 

5.0 

10.0 

Mersey Community Hospital - Rural Medical Workforce Centre

Existing

2022

2023

1.0

1.0 

.... 

.... 

.... 

Mersey Community Hospital Capital Upgrades

Existing

2018

2024

37.4

14.8 

7.0 

.... 

.... 

Midlands Multipurpose Health Centre Upgrade

Existing

2021

2024

3.5

1.6 

1.8 

.... 

.... 

New Ambulance Vehicles and Equipment

Existing

2021

2024

9.0

4.0 

3.0 

.... 

.... 

North West Regional Hospital - Mental Health Precinct

Existing

2022

2026

40.0

2.0 

8.0 

10.0 

20.0 

North West Regional Hospital Upgrade2

Existing

2022

2028

20.0

0.8 

1.8 

.... 

.... 

Regional Health and Ambulance Facilities Fund

Existing

2021

2025

10.0

2.5 

2.5 

2.5 

.... 

Royal Hobart Hospital - New Angiography Suite and Equipment Upgrade

Existing

2023

2025

7.0

.... 

2.0 

5.0 

.... 

Royal Hobart Hospital Pharmacy Redevelopment

Existing

2019

2023

5.9

5.3 

.... 

.... 

.... 

Royal Hobart Hospital Redevelopment - Expanded Stage 2

Existing

2023

2026

110.0

.... 

30.0 

40.0 

40.0 

Royal Hobart Hospital Stage 2 Redevelopment

Existing

2019

2025

91.1

26.1 

21.1 

26.1 

.... 

Rural Hospital Equipment Boost

Existing

2021

2023

5.0

2.5 

.... 

.... 

.... 

St Helens Helipad

Existing

2022

2023

0.3

0.3 

.... 

.... 

.... 


 

Table 6.3:         Infrastructure Investment Project Details by Agency1 (continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

Statewide Hospital Critical Facility Upgrades

Existing

2018

2023

7.0

0.9 

.... 

.... 

.... 

Statewide Rural Health Facility Infrastructure Upgrades

Existing

2018

2023

4.7

1.3 

.... 

.... 

.... 

Statewide Rural Hospital and Ambulance Station Upgrade Fund

Existing

2018

2024

15.4

0.7 

2.0 

.... 

.... 

THS Infrastructure Upgrades

Existing

2019

2023

1.1

0.6 

.... 

.... 

.... 

 

 

 

 

 

164.4 

183.3 

153.6 

153.0 

Justice

 

 

 

 

 

 

 

 

Burnie Court Complex

Existing

2020

2025

40.0

8.5 

18.2 

10.8 

.... 

New Northern Correctional Facility2

Existing

2019

2031

270.0

4.8 

18.3 

32.6 

35.0 

New Southern Remand Centre

Existing

2018

2023

85.0

17.0 

.... 

.... 

.... 

Prison Body Scanning Technology

Existing

2022

2023

1.3

1.3 

.... 

.... 

.... 

Risdon Prison - Critical Infrastructure Maintenance

Existing

2021

2025

9.0

3.0 

2.5 

2.5 

.... 

Video Conferencing and Recording

Existing

2020

2023

1.8

0.9 

.... 

.... 

.... 

 

 

 

 

 

35.5 

39.0 

45.9 

35.0 

Natural Resources and Environment Tasmania

 

 

 

 

 

 

 

 

Analytical Services Tasmania

Existing

2021

2023

1.0 

0.3 

.... 

.... 

.... 

Arthur­Pieman Conversation Area

Existing

2021

2025

10.0

1.0 

4.0 

4.0 

.... 

Ben Lomond - A Year Round Destination2

Existing

2022

2027

2.8

0.3 

.... 

0.8 

0.8 

Biosecurity Risk Management and Truck And Machinery Washes

Existing

2018

2023

2.0

0.8 

.... 

.... 

.... 

Cape Bruny Car Park and Access Upgrade

Existing

2023

2024

1.7

1.6 

0.2 

.... 

.... 

Cockle Creek Camping and Access Upgrade

Existing

2021

2026

3.0

0.1 

1.5 

1.0 

0.3 

Table 6.3:         Infrastructure Investment Project Details by Agency1
 
                     (continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

Community Recovery Fund - Parks Infrastructure

Existing

2019

2023

8.3

0.3 

.... 

.... 

.... 

COVID­19 National and World Heritage Projects7

Existing

2020

2023

4.8

1.5 

.... 

.... 

.... 

Cradle Mountain Experience

Existing

2019

2026

61.0

5.0 

12.7 

21.0 

19.9 

Crown Land Services - Structural Asset Upgrades

Existing

Ongoing

na

0.6 

0.6 

0.6 

0.6 

Crumbed Rubber Production

Existing

2021

2026

4.0

0.8 

1.0 

1.0 

1.0 

Edge of the World Revitalisation2

Existing

2024

2027

2.8

.... 

.... 

0.8 

1.0 

Fisheries Digital Transition Project10

Existing

2017

2023

6.2

1.9 

.... 

.... 

.... 

Flinders Island Camping Upgrades and RV Access

Existing

2021

2026

0.9

.... 

0.1 

0.4 

0.3 

Freycinet National Park New Visitor Gateway

Existing

2024

2025

14.0

.... 

7.0 

7.0 

.... 

Freycinet Peninsula Wastewater

Existing

2020

2025

8.4

1.5 

3.0 

2.6 

.... 

Freycinet Tourism Icons Project

Existing

2020

2023

7.2

3.0 

.... 

.... 

.... 

Hastings Thermal Pool Revitalisation

Existing

2021

2025

3.0

0.1 

0.9 

2.0 

.... 

Implementing the Bee Industry Futures Report

Existing

2019

2023

0.5

0.4 

.... 

.... 

.... 

Maria Island Re-discovered Project

Existing

2023

2025

6.8

1.8 

3.0 

2.0 

.... 

Modernise our Research Farms

Existing

2020

2023

7.0

2.0 

.... 

.... 

.... 

Mt Field National Park New Arrival Concourse2

Existing

2024

2027

1.8

.... 

0.1 

0.1 

0.8 

National Parks - Maintenance Boost5

Existing

Ongoing

na

2.0 

1.0 

1.0 

1.0 

Next Iconic Walk2,5

Existing

2018

2028

40.0

0.6 

2.7 

4.7 

10.7 

Table 6.3:         Infrastructure Investment Project Details by Agency1
(continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

North East Parks and Reserves Upgrades

Existing

2023

2024

0.5

0.2 

0.3 

.... 

.... 

Recreational Fishing - Improved boat and trailer parking

Existing

2019

2023

2.2

0.5 

.... 

.... 

.... 

Tamar Island Wetlands Boardwalk Replacement2

Existing

2024

2027

2.8

.... 

0.1 

0.9 

1.3 

Tasman Arch and Devils Kitchen Revitalisation

Existing

2023

2026

1.5

0.1 

0.1 

0.3 

1.0 

Tasmanian Agricultural Precinct

Existing

2021

2025

15.0

2.2 

7.5 

5.0 

.... 

Waste Action Implementation

Existing

2021

2023

1.0

0.7 

.... 

.... 

.... 

 

 

 

 

 

29.1 

45.7 

55.1 

38.6 

Police, Fire and Emergency Management11

 

 

 

 

 

 

 

 

Automatic Vehicle Location Upgrade Project

New

2024

2026

6.2

.... 

4.7 

0.8 

0.8 

Bridgewater Police Station Upgrade

Existing

2022

2026

12.5

0.2 

0.2 

5.9 

6.2 

Crackdown on Anti-Social Driving5

Existing

2018

2026

0.9 

0.1 

0.1 

0.1 

0.1 

Emergency Services Operations Centre

Existing

2020

2023

6.5

0.6 

.... 

.... 

.... 

Fire and Emergency Service Volunteer Grants Program5,12

Existing

2023

2026

2.0

0.5 

0.5 

0.5 

0.5 

Forensic Science Technology Uplift

New

2023

2026

3.7

2.3 

1.2 

0.1 

0.1 

Large Vessel Replacement Program

Existing

2014

2024

24.6

8.0 

2.3 

.... 

.... 

Launceston Police Station Refurbishment

Existing

2020

2024

7.0

3.0 

3.0 

.... 

.... 

Multidisciplinary Centres

New

2023

2023

3.3

3.3 

.... 

.... 

.... 

Project Unify

Existing

2020

2026

46.1

5.2 

13.1 

10.5 

10.5 

Rosebery Police Station

New

2023

2024

1.0

0.3 

0.7 

.... 

.... 

Sorell Emergency Services Hub

Existing

2018

2024

12.0

3.0 

5.1 

.... 

.... 

Table 6.3:         Infrastructure Investment Project Details by Agency1
                      (continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

Special Operations Group Infrastructure - South

Existing

2021

2023

3.6

1.0 

.... 

.... 

.... 

St Helens Police Station

Existing

2022

2026

7.5

0.2 

0.2 

2.9 

4.2 

Upgrade Police Housing

Existing

2015

2023

21.7

3.3 

.... 

.... 

.... 

Volunteer Brigade Equipment Upgrades

Existing

2021

2024

2.0

0.8 

1.0 

.... 

.... 

 

 

 

 

 

31.6 

32.1 

20.8 

22.3 

Premier and Cabinet

 

 

 

 

 

 

 

 

Cyber Security

Existing 

2020 

2024

2.7

1.6 

0.6 

.... 

.... 

Service Tasmania Shop Capital Investment

Existing 

Ongoing

na

0.3 

0.3 

0.3 

0.3 

 

 

 

 

 

1.8 

0.9 

0.3 

0.3 

State Growth

 

 

 

 

 

 

 

 

Dial Regional Sports Complex

New

2025

2026

25.0

.... 

.... 

5.0 

20.0

Northern Suburbs Multi‑Sports Facility5,13

Existing 

2023

2023

34.7

33.5 

.... 

.... 

.... 

Roads Program
Expenditure4,14

Existing

 

Ongoing

na

712.5

773.3

719.6

513.2

 

 

 

 

 

746.0 

773.3 

724.6 

533.2 

Inland Fisheries Service

 

 

 

 

 

 

 

 

Inland Fisheries Infrastructure

Existing

2022

2025

1.0

0.3 

0.3 

0.3 

.... 

 

 

 

 

 

0.3 

0.3 

0.3 

.... 

Royal Tasmanian Botanical Gardens

 

 

 

 

 

 

 

 

Royal Tasmanian Botanical Gardens upgrades

Existing 

2024 

2025

4.0

.... 

1.0 

3.0 

.... 

 

 

 

 

 

.... 

1.0 

3.0 

.... 

TasTAFE

 

 

 

 

 

 

 

 

IT Network Infrastructure Upgrades

Existing

2020

2023

4.0

0.4 

.... 

.... 

.... 

TasTAFE Facility Upgrades and Transition Fund

Existing

2021

2026

45.0

9.5 

10.0 

12.0 

11.0 

Water and Energy Trade Centres of Excellence5

Existing

2019

2024

26.0

11.7 

10.0 

.... 

.... 

 

 

 

 

 

21.6 

20.0 

12.0 

11.0 


 

Table 6.3:         Infrastructure Investment Project Details by Agency1 (continued)

 

 

 

 

Estimated

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

New/

 

 

Total

 

Forward 

Forward 

Forward 

 

Existing

Start

Complete

Cost

Budget 

Estimate 

Estimate 

Estimate 

 

 

 

 

$m 

$m 

$m 

$m 

$m 

 

 

 

 

 

 

 

 

 

TOTAL ALLOCATED INFRASTRUCTURE PROJECTS

 

 

 

 

1 324.2 

1 366.0 

1 232.2 

931.7 

 

 

 

 

 

 

 

 

 

Notes:

1.    This Table does not include projects undertaken by government businesses or other entities outside of the General Government Sector.

2.    The Estimated Total Cost for this project reflects funding allocated beyond the 2022-23 Budget and Forward Estimates.

3.    This project includes funding made available under the Commonwealth-State Housing Agreement Debt Waiver Agreement.

4.    This project is funded by both the State and Australian Governments.

5.    Additional funding for this existing project has been provided as part of the 2022-23 Budget.

6.    Due to the impact of rounding the allocation for this project appears as zero.

7.    This project is funded by the Australian Government.

8.    The anticipated total cost of the first phase of Digital Health Transformation is $150 million. It is anticipated more than $475 million will be allocated to this project over the next 10 years to 2032, as it is further scoped and developed by the Department.

9.    This project reflects the combined cash flows associated with the Launceston General Hospital - Mental Health Precinct and Launceston General Hospital Redevelopment - Stage 2.

10.  This project was previously referred to as the Fisheries Integrated Licencing Management System.

11.  Given the accounting treatment of funding provided for the Tasmanian Government Radio Network, it is not included in this table. The project is allocated to the Department of Police, Fire and Emergency Management with expenditure split between operating expenditure and purchases of non-financial assets, in accordance with the contractual arrangements for the delivery of the project.

12.  This project will be delivered by the State Fire Commission.

13.  This project has been transferred from the Department of Communities Tasmania. The 2021­22 Budget reflected cash flows associated with the redevelopment of the MyState Bank Arena and the Northern Suburbs Multi‑Sports Facility. The redevelopment of the MyState Bank Arena has been finalised.

14.  Details of the Roads Program are provided at Table 6.4.

 


 

Major Areas of Agency Infrastructure Investment in 2022-23

This section provides an overview of the key projects being undertaken in 2022‑23 within each of the major areas of agency infrastructure expenditure. Further details on these projects are available in individual agency chapters in Government Services Budget Paper No 2.

Chart 6.2 provides a breakdown of the 2022-23 agency infrastructure expenditure by ABS classification.

Chart 6.2:         2022-23 Infrastructure Investment by Classification

Title: 2022-23 Infrastructure Investment by classification - Description: The chart shows that the largest area of infrastructure investment in 2022-23 is Roads and Bridges ($712.5 million or 54%), followed by Human Services and Housing ($207 million or 15%) and Hospitals and Health ($120.4 million or 9%).

Schools, Education and Skills

In 2022-23, total Schools, Education and Skills Infrastructure is budgeted to be $90.8 million. Major infrastructure projects include:

·       Six New Child and Family Learning Centres ($11.8 million);

·       Water and Energy Trade Centres of Excellence ($11.7 million);

·       New K-12 Sorell School ($10 million);

·       Outdoor Learning Areas ($10 million);

·       TasTAFE Facility Upgrades and Transition Fund ($9.5 million);

·       New Brighton High School ($8 million); and

·       New K-12 Penguin School ($5 million).

Human Services and Housing

In 2022-23, total Human Services and Housing Infrastructure is budgeted to be $206.7 million. Major infrastructure projects include:

·       Extended Social Housing Build ($90.6 million);

·       Community Housing Growth Program ($65.4 million);

·       Tasmania’s Affordable Housing Action Plan 2 ($25.6 million); and

·       Housing - New Projects ($19.7 million).

Hospitals and Health

In 2022-23, total Hospitals and Health Infrastructure is budgeted to be $120.4 million. Major infrastructure projects include:

·       Royal Hobart Hospital Stage 2 Redevelopment ($26.1 million);

·       Mersey Community Hospital Capital Upgrades ($14.8 million);

·       Launceston General Hospital Redevelopment - Stage 1 ($11.2 million);

·       Hospital Equipment Fund ($10 million); and

·       27 New Mental Health Beds in Southern Tasmania ($7.9 million).

Law and Order

In 2022-23, total Law and Order Infrastructure is budgeted to be $61.9 million. Major infrastructure projects include:

·       New Southern Remand Centre ($17 million);

·       Burnie Court Complex ($8.5 million); and

·       Large Vessel Replacement Program ($8 million).

Roads and Bridges

In 2022-23, total Roads and Bridges Infrastructure is budgeted to be $712.5 million. Major infrastructure projects include:

·       New Bridgewater Bridge ($251 million);

·       Roads of Strategic Importance ($123.5 million);

·       Infrastructure Maintenance ($97.9 million);

·       Greater Hobart Traffic Solution ($49 million);

·       Midland Highway ($37.7 million);

·       Urban Congestion Fund ($25.6 million);

·       Road Safety Projects ($23.2 million);

·       State Road Upgrades - Northern Region ($17.4 million);

·       State Road Upgrades - North West and West Coast Region ($13.4 million);

·       Infrastructure Stimulus Funding ($12.3 million); and

·       South-East Traffic Solution ($10.2 million).

Further detail on the Roads Program is provided later in this chapter.

Information and Communication Technology

In 2022-23, total Information and Communication Technology Infrastructure is budgeted to be $68.7 million. Major infrastructure projects include:

·       Digital Health Transformation ($30 million);

·       Digital Transformation Priority Expenditure Program ($17.5 million);

·       Human Resources Information System ($14 million); and

·       Project Unify ($5.2 million).

The Digital Transformation Priority Expenditure Program will support a number of projects in 2022‑23 including: Justice Connect; Child and Youth Services System; PARAMIS Integration, Parliament Website and Whole-of-Government Online Portal.

Tourism, Recreation and Culture

In 2022-23, total Tourism, Recreation and Culture Infrastructure is budgeted to be $53.3 million. Major infrastructure projects include:

·       Northern Suburbs Multi-Sports Facility ($33.5 million)

·       Cradle Mountain Experience ($5 million);

·       Freycinet Tourism Icons Project ($3 million); and

·       National Parks - Maintenance Boost ($2 million).

Other Infrastructure

In 2022-23, total Other Infrastructure is budgeted to be $9.9 million. Major infrastructure projects include:

·       Tasmanian Agriculture Precinct ($2.2 million);

·       Modernise our Research Farms ($2 million); and

·       Fisheries Digital Transition Project ($1.9 million).

Roads Program

The Roads Program comprises new works projects and the upgrade and maintenance of established roads. In 2022‑23, total roads program expenditure is $712.5 million. This includes a State Government allocation of $315.8 million and an Australian Government allocation of $396.7 million.

Table 6.4:         Roads Program Expenditure

Start

Complete

 Estimated Total  Cost

 2022‑23
Budget

 2023‑24
Forward Estimate

 2024‑25
Forward Estimate

 2025‑26
Forward Estimate

$m

$m

$m

$m

$m

STATE FUNDED

Co-contribution Projects1

Algona Interchange and Kingston Bypass2,3

2022

2027

                  60.0

0.6

2.0

4.8

4.4

Channel Highway Bypass of Huonville4

2023

2026

21.7

....

2.3

6.2

 ....

Domain Highway Planning

2015

2023

 5.0

0.1

....

....

....

East and West Tamar Highway Upgrades2,5

2023

2030

84.0

2.3

2.3

....

....

Great Eastern Drive2,6

2018

2027

131.3

1.0

10.0

10.0

3.7

Greater Hobart Traffic Solution7

2019

2026

204.8

44.4

30.0

22.5

4.7

Infrastructure Maintenance8

Ongoing

na

90.2

94.0

85.1

96.0

Infrastructure Stimulus Funding9

2020

2024

86.8

6.9

11.2

....

....

Midland Highway

2014

2026

565.0

0.02

....

....

....

New Bridgewater Bridge2

2019

2025

786.0

42.6

56.1

22.9

16.9

Roads of Strategic Importance2

2019

2030

1 282.3

27.2

13.0

17.9

2.0

Rokeby Stage 3 - Pass Road to Oakdowns2,3,11

2022

2027

55.0

0.1

2.4

2.9

2.2

Sideling Upgrades Stage 22

2024

2029

      70.0

....

....

3.0

1.1

South East Traffic Solution8,12

2019

2026

           64.0

10.2

15.8

15.0

10.0

State Road Upgrades - North West and West Coast Region13

2019

2025

  50.1

13.4

12.1

5.2

....

State Road Upgrades - Northern Region14

2019

2025

                  54.2

17.4

12.2

14.4

....

Urban Congestion Fund2,15

2019

2027

101.2

12.3

10.5

3.0

....

 268.8

274.0

212.9

141.0

Table 6.4:         Roads Program Expenditure (continued)

Start

Complete

 Estimated Total  Cost

 2022-23
Budget

 2023-24
Forward Estimate

2024-25
Forward Estimate

 2025-26
Forward Estimate

$m

$m

$m

$m

$m

 

 

 

 

 

 

 

 

Other Road Infrastructure

Arthur Highway Upgrades2

2022

2029

     50.0

0.5

....

1.5

4.5

Bus Stop Upgrades2

2022

2027

         10.0

1.3

2.0

2.5

2.5

Cycling Infrastructure2

2023

2028

6.0

0.5

0.5

 0.5

1.5

Cygnet Township Safety Upgrade

2023

2025

            5.0

0.7

2.0

2.0

....

Devonport to Cradle Mountain Road Upgrades2

2024

2029

        25.0

....

0.5

0.5

2.5

Extending the Great Eastern Drive - Binalong Bay Road

2019

2023

4.5

1.6

....

....

....

Glenora Road Upgrade

2022

2023

1.0

1.0

....

....

....

Launceston and Tamar Valley Traffic Vision

2019

2025

                  75.1

4.9

18.9

36.1

....

Network Planning

Ongoing

 na

 1.1

 1.1

 1.1

 1.1

New Park and Ride Facilities2

2023

2027

    20.0

7.8

1.0

3.5

5.0

Palana Road Upgrades

2022

2023

2.0

0.1

....

....

....

Program Management

Ongoing

 na

8.2

8.4

8.6

8.8

Road Safety Projects

Ongoing

 na

7.6

6.9

7.1

7.0

Roads Package to Support Tasmania's Visitor Economy

2019

2024

   66.1

3.7

0.1

....

....

Stanley Highway Tourism Upgrades2

2024

2028

10.0

....

0.5

0.5

1.0

State Road Upgrades - Southern Region

2018

2025

99.8

3.7

2.3

3.0

....

Tasmanian Journeys

2019

2023

0.8

0.2

....

....

....

Traffic Management and Engineering Services

 

Ongoing

na

3.6

3.6

3.7

3.8

Victoria Street Redevelopment

2023

2023

0.7

0.7

....

....

....

 

 

 

 

47.0

 

 47.7

 

 70.6

 

 37.7

 

TOTAL STATE FUNDED ROADS

 

 

 

315.8

321.7

283.5

178.7


 
Table 6.4:         Roads Program Expenditure (continued)

Start

Complete

 Estimated Total  Cost

 2022-23
Budget

 2023-24
Forward Estimate

 2024-25
Forward Estimate

 2025-26
Forward Estimate

$m

$m

$m

$m

$m

AUSTRALIAN GOVERNMENT FUNDED

Investment Program1

Algona Interchange and Kingston Bypass2,3

2022

2027

                  60.0

1.0

1.7

8.0

19.2

Channel Highway Bypass of Huonville4

2023

2026

                  21.7

0.2

1.7

10.0

1.3

Great Eastern Drive2,6

2024

2027

131.3

....

....

30.0

30.0

Greater Hobart Traffic Solution7

2019

2026

204.8

4.7

25.0

19.0

16.0

Infrastructure Maintenance8

 

Ongoing

na

7.7

7.7

7.9

....

Infrastructure Stimulus Funding

2021

2024

86.8

5.3

....

....

....

Midland Highway

2014

2026

565.0

37.5

34.1

31.1

9.0

New Bridgewater Bridge2

2019

2025

786.0

208.4

224.4

91.6

67.6

Roads of Strategic Importance2,10

2019

2030

1 282.3

96.3

136.1

189.0

151.4

Rokeby Stage 3 - Pass Road to Oakdowns2,11

2022

2027

55.0

2.7

4.0

15.4

8.6

Sideling Upgrades Stage 2

2024

2029

70.0

....

1.0

7.0

4.4

Urban Congestion Fund2

2019

2027

101.2

13.3

12.0

17.2

17.0

 

 

 

 

377.0

447.7

426.2

324.5

 

Other Roads Infrastructure

Bridge Renewal Program

 

Ongoing

na

0.6

3.9

....

....

Heavy Vehicle Safety and Productivity

 

Ongoing

na

3.6

....

....

....

Road Safety Projects

 

Ongoing

na

15.5

....

10.0

10.0

 

 

 

 

19.6

3.9

10.0

10.0

TOTAL AUSTRALIAN GOVERNMENT FUNDED ROADS

 396.7

451.6

436.2

334.5

TOTAL ROADS PROGRAM EXPENDITURE

712.5

773.3

719.6

513.2

 

 

 

 

 

 

 

 

 


 

Notes:

1.    These projects are funded by both the State and Australian Governments.

2.    The Estimated Total Cost for this item reflects funding beyond the 2022-23 Budget and Forward Estimates.

3.    This initiative is funded by the State and Australian Governments. It will improve the efficiency of this road corridor in an area of growth in Southern Tasmania.

4.    This project includes the Australian Government's contribution of $13.2 million for Huon Link Road to improve safety and efficiency in Huonville.

5.    This project includes the State Government’s contribution of $84 million for the Northern Roads Package Stage 2.

6.    This project includes the Australian Government's contribution of $100 million.

7.    This project includes the State Government's $52 million and Australian Government's $65 million contribution for the Tasman Bridge Upgrade. This project also contains the State Government's contribution of $20 million to the Kingborough Congestion Fund and reflects funding for the Hobart Transit Centre.

8.    This item reflects additional funding provided in the 2022‑23 Budget for Strategic Freight Routes - Maintenance.

9.    This initiative is funded by the State and Australian Governments. It will support the undertaking of a number of important road and bridge projects throughout the State and provide support for the construction industry.

10.  This item includes the Australian Government's contribution of $336 million for the Northern Roads Package Stage 2. It also contains the Australian Government contribution of $150 million for the Hobart to Sorell Corridor - Midway Point and Sorell Causeways, as well as funding for the Hobart Airport Interchange and $80 million for the Bass Highway.

11.  This project includes the State Government’s and Australian Government’s co‑contribution for important efficiency and safety upgrades on the South Arm Highway.

12.  This project includes the State's contribution of $37 million to the Hobart to Sorell Corridor - Midway Point and Sorell.

13.  This project includes the balance of the State funding contribution to the Roads of Strategic Importance.

14.  This project contains the State Government's contribution to the Midland Highway.

15.  This project includes the Australian Government's contribution of $13.5 million for the Northern Transit Corridor. It also contains the State Government's and Australian Government's co-contribution of $11.5 million for the Intelligent Transport Solutions. This project also includes the State Government's additional $13 million for the Tasman Bridge Upgrade.


 

Reconciliation between Infrastructure Investment and Purchases of Non‑Financial Assets

Purchases of Non‑Financial Assets is an accounting classification under the Australian Accounting Standards. It appears on the Income Statement and Cash Flow Statement and reflects purchases of non‑financial assets such as land, buildings, plant and equipment, infrastructure and intangible assets. While the majority of the Purchases of Non‑Financial Assets is comprised of Infrastructure Investment projects, there is a portion of Purchases of Non‑Financial Assets expenditure that is not included in this chapter. Such items include Budget allocations for:

·       the Government’s fleet management services;

·       ambulance, surgical and medical equipment;

·       computer software; and

·       other smaller capital items.

Conversely, Infrastructure Investment projects can include allocations of expenditure which are not classified as Purchases of Non‑Financial Assets under the Australian Accounting Standards, but are directly related to infrastructure projects. This expenditure can include items such as employee entitlements, infrastructure maintenance, grant payments and other supplies and consumables.

Table 6.5 provides a reconciliation between the two measures.

Table 6.5:         Reconciliation between Purchases of Non-Financial Assets and Infrastructure Investment

 

2021‑22 

2021‑22 

2022‑23 

2023‑24 

2024‑25 

2025‑26 

 

 

Estimated 

 

Forward 

Forward 

Forward 

 

Budget 

Outcome 

Budget 

Estimate 

Estimate 

Estimate 

 

$m 

$m 

$m 

$m 

$m 

$m 

 

 

 

 

 

 

 

Purchases of non-financial assets1

776.2 

806.8 

1 166.4 

1 300.2 

1 189.8 

900.0 

Less Purchases of non-financial assets excluded from Infrastructure Investment

111.1 

135.6 

80.9 

95.1 

92.8 

88.6 

Plus Infrastructure Investment not included in Purchases of non-financial assets

163.4 

180.3 

238.8 

160.9 

135.2 

120.3 

 

 

 

 

 

 

 

Equals TOTAL INFRASTRUCTURE EXPENDITURE

828.5 

851.4 

1 324.2 

1 366.0 

1 232.2 

931.7 

 

 

 

 

 

 

 

Note:

1.    Reflects Purchases of Non-Financial Assets as detailed in the General Government Sector Cash Flow Statement.