Hip Pocket Wins for GWS in Federal Budget

Nicholas Rupolo •
May 14, 2024

The Western Sydney Leadership Dialogue welcomes the Federal Government’s investment in Greater Western Sydney (GWS) to address the cost-of-living crisis, fund critical infrastructure and build capacity, to place the region at the heart of the nation’s future economic growth.

The Federal Budget revealed tax, rent and energy bill relief for GWS residents and a $1.9 billion investment in job-generating road and transport projects, including Mamre Road Stage 2, Elizabeth Drive and bus service infrastructure for Western Sydney International Airport.

Dialogue CEO Adam Leto said the Federal Government’s cost-of-living package would provide significant relief for GWS, and much needed infrastructure investment in the region.

“Slashing HECS debts, and providing energy rebates, tax cuts and rent assistance are a win for the people of GWS who are under serious hip-pocket pressure,” Mr Leto said.

“Our region is home to some of Greater Sydney’s lowest income-earning LGAs and the Federal Government’s cost-of-living help will go a long way for many GWS residents who are living pay cheque to pay cheque.

“The Dialogue is pleased funding has been confirmed for a major roads package, including Mamre Road Stage 2 and Elizabeth Drive, which could generate more than 20,000 jobs.

“While there are still a number of other important road and transport projects that need to be delivered, this is a welcome announcement that can unlock significant investment in our region.”

The Dialogue is also pleased to see more detail for the $22.7 billion commitment under the Future Made in Australia Plan to create more well-paid jobs and boost manufacturing.

“The Federal Government has recognised the opportunities to fuel jobs growth, particularly on the manufacturing front,” Adam Leto said.

“Australia is in a race with the world in this new global economy that has advanced manufacturing at its heart. Greater Western Sydney is in the driver’s seat, with every local government area in the region projected to increase the number of workers in the manufacturing sector over the next 20 years.

“At a time when Australia’s industrial and economic development is at a crossroads, the Government’s Future Made in Australia plan has the potential to re-establish Western Sydney as the manufacturing capital of the nation.”