This week, the government announced a $17.9 billion commitment towards new and existing infrastructure projects across Australia.
Mr Frydenberg said infrastructure was a key pillar of the government’s economic plan to grow the economy and get more Australians into work.
"With the unemployment rate already at an equal 48-year low, the measures in this budget will create an additional 40,000 jobs across Australia, building on our world-leading economic recovery,” the Treasurer said.
“By enhancing transport connectivity, we’re strengthening our supply chains against challenges such as COVID‑related disruptions and the impact of natural disasters. This gives businesses and consumers the confidence and certainty they need in uncertain times.”
Prime Minister Scott Morrison said the investment, which increases the rolling infrastructure budget from $110 billion to $120 billion, would help get Australians home sooner and safer and generate thousands of jobs and new opportunities for small businesses right across the country.
“Australia’s future success relies on a strong economy. Our strong economic recovery is being driven by our record funding for major road projects right across the country.
“Our investment in these infrastructure projects will support tens of thousands of direct and indirect jobs across Australia over the construction life of these projects, providing certainty and security for businesses and communities across the country,” he said.