The Victorian Budget was handed down on Tuesday and we’ve analysed the Budget papers for you to assess the key benefits for Professionals Australia members.
It is a particularly strong budget for engineers with Victoria’s largest every infrastructure investment in the pipeline for the next four years, but there were also important initiatives in the broader STEM profession, ICT energy and water.
More than $40 billion will be spent on infrastructure investment in Victoria over the next four years. The $6.2 billion in new investments announced in the Budget for roads and public transport include:
- $712 million for Stage 2 of the Monash Freeway upgrade
- $110 million to complete the design work for North East Link
- an extra $75 million for the Mordialloc Bypass and major investment in public transport and local roads.
- $50 million for detailed technical investigations into the Airport Rail Link and a fast rail service to Geelong.
With the state biggest ever infrastructure investment plan rolling out in coming years, we need skilled and qualified engineers to make sure these projects are delivered safely, on time and on budget.
This means we need to ensure only qualified engineers do the engineering work required in scope, design and delivery. A key initiative to ensure this is the Engineers Registration Bill and we will continue to keep you updated about its progress through the Parliament.
The Budget also saw $32.9 million set aside to improve STEM outcomes in schools, including 200 new maths and science specialists in schools.
Other key investments include:
- $11 million for telecommunications infrastructure and improve mobile coverage in blackspot areas across regional Victoria
- $102.7 million for the hydrogen energy supply chain pilot project
- $42.2 million for the East Grampians Water Supply and Mitiamo and District Reticulated Water projects, to provide secure water supplies and improve irrigation efficiency
If you’d like to find out more, the full Budget Papers are available here.