Support WA’s economy and future with more infrastructure funding and a City Deal for Perth: Reiwa

Stock image.
Stock image.

GREATER funding for infrastructure is among Reiwa’s requests to all political parties in the lead up to the Federal election.

It would like to see the implementation of a minimum infrastructure budget based on WA’s contribution to Australia’s gross state product (GSP).

In its 2019-20 Federal Budget, the Federal Government allocated $1.6 billion of its $40 billion infrastructure budget to projects in WA.

Reiwa president Damian Collins said this was just another example of WA not being given its fair share of funding.

“The $1.6 billion allocation is a mere four per cent of Australia’s total $40 billion budget,” he said.

“Our state is home to 10 per cent of Australians and we currently account for 15 per cent of the country’s GSP.

“WA should receive at least the same percentage in federal infrastructure funding to ensure we have the means to keep driving Australia’s economy forward.”

WA is currently the only state without an independent infrastructure body, tasked with the planning and prioritising of major projects.

“The WA Government has done its part to ensure we get a fair share of funding through the establishment of Infrastructure WA,” Mr Collins said.

“The Infrastructure WA Bill is currently before the WA Parliament.

“If this Bill is passed, it will enable an independent body to be established and a long-term infrastructure strategy to be put in place.

“While the strategy will ensure WA gets its fair share of funding in the future, this is still some years from being a reality.

“In the meantime, the newly elected Federal Government must ensure WA receives adequate funding.”

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Reiwa was also seeking a City Deal for Perth to provide funding and collaboration between all levels to government to ensure WA could meet the needs of its growing population.

Mr Collins said since the Federal and WA governments signed a Memorandum of Understanding to negotiate a City Deal for Perth in April 2018, there had been no further progression.

“We’ve been waiting for Perth’s City Deal to come into fruition for the last 12 months,” he said.

“During that time, Hobart, Darwin, Adelaide and South-East Queensland have all received their City Deal, while WA’s remains on the back burner.”

Perth’s City Deal will include:

  • Much needed funding for infrastructure projects.
  • A commitment by all levels of government to ensure land use policies promote infill development and the sustainable growth of Perth.
  • Exploring value capture that facilitates land value uplift in infrastructure corridors to help fund Metronet, using fair and efficient mechanisms while encouraging new development.

“You only need to look to Hobart to see the positive impact a City Deal can have,” Mr Collins said.

“Since having their deal and Federal funding commitment, Hobart’s economy has improved significantly; the city has seen house prices increase and consumer confidence build.”

“WA is crying out for the same kind of federal support.

“Whoever is appointed Minister for Cities following the election must have a Perth City Deal as a top priority.”

For more information about Reiwa’s Federal election campaign, or to have your say on this issue, visit www.whataboutwa.com.au.

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