Gerald Lynch
The federal budget has brought good news for locals, with an additional $750 million announced to complete the Camerons Lane Interchange at the intersection of the Hume Freeway at Beveridge.
The Camerons Lane Interchange will support urban development in Melbourne’s north, and ensure easier access to and over the freeway.
It will be integral to the development of the Beveridge Intermodal Precinct (BIP) which, once complete, will be the largest intermodal in Australia, expected to generate 20,000 jobs for the region.
Prime Minister Anthony Albanese said the precinct will have a number of benefits for local residents.
“This project won’t just get Victorians moving, it’s also creating thousands of jobs,” he said.
“Being stuck in traffic doesn’t just waste precious time you could be spending with the kids, friends or just getting on with life. It’s bad for productivity too.”
The BIP will transform the nation’s supply chain, lowering costs for Australian businesses and families.
It is located on the Inland Rail route and will support double-stacked container services for 1800 metre freight trains to Adelaide, Perth, Darwin and Brisbane via Parkes, or directly to Sydney.
Infrastructure, Transport, Regional Development and Local Government Minister Catherine King said the interchange is helping to build a better future for Australians.
“The Camerons Lane Interchange at Beveridge will help create thousands of jobs and unlock the potential of Melbourne’s north while allowing us to work with the Victorian Government to deliver a full diamond interchange with the Hume Freeway,” she said.
“We are working for all Australians to deliver significant infrastructure that connects communities, stimulates jobs and builds the future of our nation.”
McEwen MP Rob Mitchell was proud to see the outer-north receive the large investment and is excited for the opportunities it will present.
“The Camerons Lane Interchange will unlock a huge employment multiplier to our region,” he said.
“I thank the Victorian Government for working closely with us to ensure the delivery of this and other critical projects.”
An additional $437.3 million of funding for Suburban Road Upgrades – South Eastern Roads and Northern Roads, which includes the Australian Government’s share of funding for Yan Yean Road Stage 2 was also announced.
