Australia Investing $17.9 Billion Into Infrastructure in Next Federal Budget

Australia Investing $17.9 Billion Into Infrastructure in Next Federal Budget
Australian Treasurer Josh Frydenberg speaks during a press conference in Parliament House in Canberra, Australia, on June 3, 2021. Sam Mooy/Getty Images
Rebecca Zhu
Updated:
The Australian federal government announced a record $17.9 billion (US$13.4 billion) in infrastructure funding for new and existing projects across every jurisdiction in the 2022-23 federal budget.

Treasurer Josh Frydenberg said infrastructure is a key pillar of the economic growth plan and get more Australians into work.