Today’s Budget reflects the responsible financial management the Liberals & Nationals Government has undertaken for the past three years with around $105 million announced for projects in the Port Macquarie electorate,” local MP, Leslie Williams said.
“It is that sensible management which has helped to deliver funding for a range of projects that will benefit local communities.
“Earlier this month ratings agency Moody’s reaffirmed the NSW triple-A credit rating which demonstrates the strong and stable financial approach undertaken by the NSW Government,” Mrs Williams said.
After three years of tough decisions to transform the way we spend and instilling discipline across Government, NSW is now at or near the top of the nation on all leading economic indicators.
“Treasurer Andrew Constance has continued the solid work of former Treasurer and now Premier Mike Baird,” Mrs Williams said.
Major funding allocations for the Port Macquarie electorate include;
$73 million to commence construction of the dual carriageway upgrade of the Pacific Highway between the Oxley Highway and Kundabung $7.2 million to complete construction of the Sancrox Road interchange as part of the upgrade of the Pacific Highway between the Oxley Highway and Kempsey $7.25 million for the replacement of bridge over Stingray Creek at North Haven on Ocean Drive by Port Macquarie-Hastings Council $6.2 million for the construction of Lake Cathie Public School $3.4 million towards the construction of the new $3.9 million fire station at Port Macquarie. $3.2 million for the completion of the Port Macquarie Base Hospital redevelopment $2 million to upgrade Ocean Drive in Port Macquarie by Port Macquarie-Hastings Council
The community rightly expects that their elected representatives will work together to protect the most vulnerable, and the NSW Government is fulfilling its promise to do just that.
It is this Government’s priority to provide a better social housing program and to bolster caseworkers with more resources to help break the cycle of disadvantage.
“To achieve this, locally we are investing $2.1 million for the upgrade of social housing and supported accommodation,” Mrs Williams said.
The NSW Liberals & Nationals Government is also supporting businesses to grow with a further reduction to WorkCover premiums, with employers to benefit from an average premium rate reduction of five per cent.
“This is on top of the average 12.5 per cent rate reductions delivered in 2013.
“The Budget includes additional funding for the tourism sector which is one of the most important economic drivers on the Mid North Coast.
“$110 million will go toward a new Regional Tourism Infrastructure Fund which is part of the $1 billion investment in regional infrastructure,” Mrs Williams said.
“The NSW Liberal & Nationals Government understands the need to proactively invest in regional NSW and is building the high-quality infrastructure our communities need.
“In 2014-15 there is a forecast deficit of $283 million, before returning to surplus in 2015-16 of $660 million.
“Rebuilding NSW means repairing what was left behind by the previous Government, improving services and building the infrastructure the people of NSW need,” Mrs Williams said.
Posted on 17 Tue, June, 2014
by Leslie Williams