To: CCF Victoria staff, members and industry stakeholders.
CEO Update – 2021 / 22 Federal Budget.
The Federal Treasurer, Josh Frydenberg delivered the 2021-22 Federal Budget last night in parliament.
The CCF National Secretariat has provided the attached budget summary of key infrastructure announcements, including skills and training commitments, for your information. Please not specific funding announcements for existing and new projects, including major road and rail infrastructure, listed for Victoria.
The Treasurer confirmed, that the Government is retaining and building upon its $110 Billion, 10-year infrastructure pipeline by committing an additional $15.2 billion to infrastructure projects over the next ten years. CCF National’s pre-budget submission to the Federal Government and the commitment by the Deputy Prime Minister to use our recent released report, ‘Rebuilding Australia – A Plan for an Infrastructure Led Recovery’ to guide future government policy appears to have been well received judging by last nights’ budget announcement.
To download a copy of the report, click here. You can also view the following media clip to see the Deputy Prime Ministers commitment to CCF and our infrastructure report first hand: https://www.youtube.com/watch?v=r8dEBuCthZw
Also linked is a copy of our media release issued last night by CCF National this evening to ensure that if you are conducting interviews at a State level, the messaging remains consistent across the country.
The focus will now turn to the Victorian State Budget and their procurement agencies who are responsible for the delivery of infrastructure projects to market. As in previous years’, I will be participating in the 2021/22 State Budget “lock up” session, being conducted on Thursday 20 May. Upon the tabling and release of the State Budget, I will report to you key funding announcements made impacting on the civil construction industry.