The Albanese Government is making critical investments in Victorian infrastructure, creating jobs and unlocking Melbourne's North.
This week's Budget delivers an additional $750 million to complete the Camerons Lane Interchange at the intersection of the Hume Freeway at Beveridge.
This takes the total Commonwealth Government commitment to the project to $900 million, part of our $19.2 billion investment in Victorian transport infrastructure over the next 10 years.
The Camerons Lane Interchange will support urban development in Melbourne's north, and ensure easier access to and over the freeway.
It will be integral to the development of the Beveridge Intermodal Precinct, which, once complete, will be the largest intermodal in Australia, expected to generate 20,000 jobs for the region.
The Beveridge Intermodal Precinct will transform the nation's supply chain, lowering costs for Australian businesses and families.
It is strategically located on the Inland Rail route and will support double-stacked container services for 1,800 metre freight trains to Adelaide, Perth, Darwin and Brisbane via Parkes, or directly to Sydney.
We are working closely with the Victorian Government on priority projects for the benefit of the Victorian community.
While the previous Morrison Government had a deluge of press releases with a drought of delivery, the Albanese Government is ensuring projects are properly scoped, designed and costed so they can actually be completed.
We are delivering a better future for all Australians, one made in Australia that builds economic opportunity and thriving communities.
Quotes attributable to Prime Minister Anthony Albanese:
"We delivered a Budget this week for every Australian, from a Government working for all Australians.
"This important Budget announcement for Victoria is focused on our national interest and building a Future Made in Australia.
"This project won't just get Victorians moving, it's also creating thousands of jobs.
"Being stuck in traffic doesn't just waste precious time you could be spending with the kids, friends or just getting on with life. It's bad for productivity too."
Quotes attributable to Minister for Infrastructure, Transport, Regional Development and Local Government Catherine King:
"The Camerons Lane Interchange at Beveridge will help create thousands of jobs and unlock the potential of Melbourne's north while allowing us to work with the Victorian Government to deliver a full diamond interchange with the Hume Freeway.
"For too long, the Morrison-Joyce Government neglected Melbourne's North - failing to deliver a single commitment for this area despite multiple promises over nine years.
"We are working for all Australians to deliver significant infrastructure that connects communities, stimulates jobs and builds the future of our nation."
Quotes attributable to Federal Member for McEwen Rob Mitchell:
"The Camerons Lane Interchange will unlock a huge employment multiplier to our region.
"I thank the Victorian Government for working closely with us to ensure the delivery of this and other critical projects."
