Scott Morrison announces additional $1.5 billion towards 'shovel-ready' projects

Scott Morrison will announce government plan on infrastructure

Source: Getty

The prime minister has outlined some of the new projects the government will help fund to revive the economy as the COVID-19 pandemic eases.


Prime Minister Scott Morrison has unveiled some of the first infrastructure projects he says will help revive the post-COVID economy, while also flagging more action on deregulation.

"I am committing a further $1.5 billion to immediately start work on small priority projects identified by the states and territories," he told the CEDA State of the Nation summit on Monday.

"As part of this package, $1 billion will be allocated to priority projects which are shovel-ready, with $500 million reserved specifically to target road safety works."

The prime minister explained over $100 billion of economic activity has been lost in Australia this year.

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