Ministers for the Department of Infrastructure, Regional Development and Cities The Hon Michael McCormack MP Deputy Prime MinisterMinister for Infrastructure, Transport and Regional Development Senator the Hon Bridget McKenzie Minister for Regional ServicesMinister for SportMinister for Local Government and Decentralisation The Hon Alan Tudge MP Minister for Cities, Urban Infrastructure and Population The Hon Sussan Ley MP Assistant Minister for Regional Development and Territories The Hon Andrew Gee MP Assistant Minister to the Deputy Prime Minister The Hon Andrew Broad MP Former Assistant Minister to the Deputy Prime Minister The Hon Scott Buchholz MP Assistant Minister for Roads and Transport The Hon Barnaby Joyce MPFormer Deputy Prime MinisterFormer Minister for Infrastructure and Transport The Hon Dr John McVeigh MPFormer Minister for Regional Development, Territories and Local Government The Hon Keith Pitt MPFormer Assistant Minister to the Deputy Prime Minister The Hon Damian Drum MPFormer Assistant Minister to the Deputy Prime Minister Senator the Hon Fiona Nash Former Minister for Regional DevelopmentFormer Minister for Local Government and Territories The Hon Darren Chester MP Former Minister for Infrastructure and TransportFormer A/g Minister for Regional DevelopmentFormer A/g Minister for Local Government and Territories The Hon Warren Truss MP Former Deputy Prime Minister Former Minister for Infrastructure and Regional Development The Hon Paul Fletcher MP Former Minister for Urban Infrastructure and Cities The Hon Jamie Briggs MP Former Assistant Minister for Infrastructure and Regional Development

First National Infrastructure Audit released

Media Release


22 May 2015

Joint release with:

The Hon Tony Abbott MP

Prime Minister

The Commonwealth Government welcomes the release of Australia's first national audit on infrastructure, undertaken by Infrastructure Australia.

The audit shows the economic imperative of fixing our road and transport networks in our major cities. This audit is a first for Australia and will drive action on infrastructure investment by revealing the costs of inaction.

For example, road congestion in Australia is currently costing some $13.7 billion per year. If we don't take action, the cost will be $53 billion a year by 2031.

The Government has already taken significant steps to address our nation's infrastructure backlog, after years of under-funding by previous governments.

Last year, the Commonwealth Government embarked upon the biggest infrastructure investment programme in our nation's history, with a $50 billion infrastructure package that is improving road and rail links in every state.

Investing in the right infrastructure will support Australia's economic growth and unlock our economic potential.

Our Asset Recycling Initiative is freeing up states to invest in a range of productive infrastructure.

All levels of government need to work with the private sector to build more and plan to deliver innovative congestion-busting projects that eliminate traffic gridlock and transform our cities.

The Commonwealth Government has delivered on our election commitment to rebuild Infrastructure Australia into a more robust and independent authority to facilitate smarter infrastructure investment and delivery by governments and the private sector.

Later this year, we will release Infrastructure Australia's 15 year plan which will outline our infrastructure priorities to ensure we build a stronger and more prosperous future.

The Commonwealth invites the states and territories to support the development of this 15 year plan, because Australians want governments to work together to make their lives and their transport systems better.

A copy of the audit is available at: