New and expanded assets Advanced traffic management (ATM) – Expand the use of traffic management tools (such as lane use management, access ramp signalling and CCTV) to manage freeway flows and achieve higher levels of efficiency and reliability. Bicycle highways through the central city (BHT) – Build dedicated bike lanes to facilitate better travel into and across the CBD. Burnley rail upgrades (BRG) – Upgrade the Burnley group of lines to support the development of a metro rail system. This would include the rationalisation of Burnley junction, duplication of the line between Mooroolbark and Lilydale to facilitate additional services and improve reliability of the Ringwood corridor, and the quadruplication of the line between Burnley and Camberwell stations. Central city tram network extension (CCT) – Extend tram within the central city area including to the new redevelopment areas of E-Gate and Fishermans Bend and the missing tram link between Dynon and Footscray. City loop reconfiguration (CLR) – Reconfigure the Melbourne Underground Rail Loop (MURL) to increase capacity, particularly on the Upfield, Craigieburn and rail lines. Clyde rail extension (CRE) – Extend the metropolitan rail network to Clyde from the current terminus at Cranbourne in Melbourne’s south east. Doncaster tram service (DTS) – Extend the 48 tram from Balwyn Road/Doncaster Road intersection through to Doncaster shopping centre. Geelong and Werribee rail upgrade (GWR) – Provide a new pair to quadruplicate the tracks from Deer Park to West Werribee via Tarneit and Wyndham Vale stations. Geelong fast rail (GFR) – Implement a fast rail service (less than 30 minutes) between Geelong and Melbourne (Southern Cross Station). Geelong rail electrification (GRE) – Electrification of the Geelong line and operation of high-capacity electrified rolling stock from Grovedale via the recently constructed Regional Rail Link to improve capacity and reliability. Growth area train station upgrade and provision (GAT) – Provide new stations in growth areas such as Truganina, Black Forest, Sayers, Davis and Dohertys Roads and upgrades to existing over capacity stations. High speed rail from Sydney to Melbourne (HSR) – Construct a high speed rail line between Melbourne and Sydney to provide an alternative to air travel. Melbourne Metro 2 (MMS) – Construct a heavy rail connection between Clifton Hill and the CBD through to Fisherman’s Bend and Newport via two new rail tunnels.
reducing expenditure, which means reducing funding for services (such as health or education), or improving productivity. This is the case for all governments. There is no silver bullet for raising all the revenue we need to fund the infrastructure we want. When thinking how to fund infrastructure, a balance needs to be struck between raising more revenue, using our infrastructure efficiently and encouraging businesses and individuals to be productive, which helps create jobs and economic growth. Keeping this in mind, any assessment of revenue options to fund infrastructure must consider how to: change behaviour and manage demand promote the highest and best use of our infrastructure optimise our infrastructure (including its maintenance) and services align the cost of infrastructure with users and those who privately benefit from it implement easy, and relatively cheap revenue options Options to revenue There are many ways to raise revenue to fund infrastructure. Different revenue options affect who pays and who benefits, how we pay for and use our infrastructure. These include: User charges — increasing or introducing more direct fees for using infrastructure such as roads, utilities, and public transport. This helps to recover costs from those actually using the infrastructure. Beneficiary charges — increase contributions from individuals or businesses that indirectly and privately benefit from government infrastructure or planning decisions because of proximity, whether they use infrastructure or not. Beneficiary charges are also sometimes called ‘value capture’ funding approaches. This is because they seek to capture some of the extra value created for individuals and businesses. Under current taxation arrangements, some of the benefit of economic activity created by state infrastructure investment accrues to the commonwealth through income and company taxes, and GST receipts. Beneficiary charges could be applied to new or major infrastructure upgrades or planning and zoning changes. There are different types of beneficiary charges: Land value uplift — new or increased charges to capture the benefit of improved land values Betterment levies — new charges on individuals and businesses in a defined catchment Developer contributions — increasing and expanding contributions from individuals or developers
your feedback to us, especially in a formal submission, we ask you to do the same. Infrastructure debate brings out much opinion and emotion but we urge you to base your submissions on facts, data and analysis. Evidence is the strongest weapon we all have in mounting our case. How your will be used All feedback received will be considered in the development of the draft strategy. A consultation report summarising key themes and ideas will be released in August. All formal submissions will also be provided to the citizen juries for consideration as part of their deliberations (with permission). What’s next? Two citizen juries – one in metropolitan Melbourne and one in regional Victoria – are considering what we should do to meet Victoria’s infrastructure needs. The juries will provide a report of recommendations to Infrastructure Victoria in late July. This report, along with the outcomes of this consultation program, will be considered as an important input into the draft strategy. The strategy will be released in September 2016 for another phase of stakeholder and community input. The final strategy will be formally presented to parliament by the end of 2016. The Victorian Government is required to respond to the strategy with a five-year plan outlining its priority projects within 12 months. Infrastructure Victoria will update the 30-year infrastructure strategy every three to five years, setting the direction for long-term infrastructure planning. Stay up to date Join the consultation register at Facebook: Twitter: Sources Infrastructure Victoria technical reports Options Assessment 2 — Economic, social and environmental assessments and option relationship mapping, 2016 Aurecon/Deloitte, Options analysis report – Assessment 1, 2016.