A Shorten Labor Government will invest in public transport infrastructure in Melbourne which will manage a fast growing population and drive job creation.
If elected, Labor will commit $500 million to support the Melbourne Metro Tunnel project and a Park and Ride Access Fund.
The Metro Tunnel project will directly target capacity constraints in Melbourne’s public transport network, adding to the liveability of the city of Melbourne.
The project will add capacity to Melbourne’s existing public transport network. Five new underground stations will be built and 65 new high-capacity trains will be added.
This investment will take pressure off the existing City Loop, allowing more trains to travel in and out of the CBD. This will not only benefit the Melbourne inner-city, but Greater Melbourne, which will have more regular services and travel options.
Labor will invest $120 million in a Park and Ride Access Fund to boost car parking capacity at high use train stations, and make funding available for new stations where demand growth is expected. Dedicated cycle facilities will also be incorporated in these projects. Up to 12,000 commuter car spaces will be enabled by this investment.
Labor’s investment will take the total federal contribution to the Metro and the Park and Ride Fund to $1.35 billion.
This commitment is made contingent on a positive assessment from Infrastructure Australia, consistent with Labor’s requirement that all major infrastructure projects need to go through a thorough and detailed assessment prior to securing funds.
These infrastructure projects are an important part of Labor’s cities policy.
Labor believes that the Federal Government should be involved in Cities. With 80 per cent of Australians living in cities, how we plan and design our cities is vital to making them productive, sustainable and liveable.
Only Labor will build the transport infrastructure that the residents of Melbourne will need in the future.
For more information on Labor’s Plan for Melbourne Commuter Infrastructure, please see here.