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HS Brisbane Property
0419 782 133
+61 (0) 7 3254 0888
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PO Box 15301
Brisbane City East
Queensland 4002
Australia

Govt. Stimulus Package Opens Door To Fast-Track Infrastructure

In the wake of Covid-19, Prime Minister Scott Morrison has spoken to Lord Mayor Adrian Schrinner this week with the goal of fast-tracking infrastructure projects that are ‘shovel ready’, reports brisbanetimes.com.au. 

 

Details of projects that could be ready to commence in three to six months were the prime candidates that the federal government would be assessing; with the end goal to keep the economy moving and generate jobs. 

 

A letter from Deputy Prime Minister Michael McCormack was sent to councillors this week. 

 

"Fast-tracking the delivery of critical road projects across Australia is key to driving jobs, strengthening the economy and getting people home sooner and safer," Mr McCormack wrote.

 

Cr Schrinner told the publication he welcomes this step from the federal government.

 

"We stand ready with projects that are shovel-ready, that can be fast-tracked, with federal support for a stimulus package, and we will be working closely with the federal government to make sure that funding can flow as quickly as possible," Cr Schrinner said.

 

In local development news, the construction of the Neville Bonner pedestrian bridge which is part of the $3.8 billion Queens Wharf development has commenced. The $100 million project will be the first bridge built in Brisbane for over ten years, and will link part of the new development to the CBD. 

 

Hannah Schuhmann said it’s no doubt we are in for tough times ahead but we are fortunate here in Brisbane we already have considerable development projects underway to continue to support the economy. Queensland Infrastructure investment is already at a staggering $50 billion. We need to implement government advice, support small business, remain positive, and most importantly, be kind to each other.

 

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