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Wed 13 May - The people of Sydney are paying for infrastructure projects around the country, but are barely getting “chicken feed” for their public transport due to the incompetence of the State Labor Government, said Shadow Treasurer Mike Baird.
“Treasurer Wayne Swan confirmed today that the allocation of $91 million to Sydney for planning for the West Metro is ‘chicken feed’,” Mr Baird said.(1)
“When questioned as to why NSW only received such a small amount of funding, the Treasurer admitted there needs to be good feasibility studies supporting the funding bids and it is a question to ask the NSW Labor Government as to why they then missed out.
“Every person in NSW should today be demanding those answers from the entire Rees Labor Government as to how they could have failed them so badly.
“Whoever put the proposals together and failed to do the proper assessments should be held to account. Top of that list should be the globetrotting Minister for Infrastructure Joe Tripodi.
“The Federal Government has announced major projects for road, rail and ports totalling $8.45 billion around the country in the Budget, but Sydney only gets one percent of the money.
“NSW makes up a third of the economy and the tax we pay to Canberra is now being redirected to the other states. NSW residents are being used to fund trains in other states.
“When the states were lined up to put their submissions together, NSW came last and was told to go away and do it again.
“The Budget also sends a very ominous message about the expected rise in unemployment in NSW.
“The jobless rate in NSW is now likely to go over 9 per cent, after Wayne Swan told us that the national unemployment figure rate will now reach 8.5 per cent.
“There’s every chance we may even see double-digit unemployment in NSW because of the failure of the Rees Labor Government to secure Federal funds for job creating projects and its scrapping of infrastructure in the Mini-Budget.
“This will also put increased pressure on the State Budget, as Treasurer Roozendaal will have to somehow come up with the magic pudding to produce the money needed for the projects the Premier has promised but the Prime Minister won’t fund and retain the AAA rating,” Mr Baird said.
(1) Treasurer Wayne Swan, Radio 2UE, May 13
Media Contact: Wendy Black 0418 532 534
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