Sydney Airport Interchange Proceeds Despite $1.4 Billion Federal Funding Cut

The interchange connecting Sydney’s new airport to two motorways will still be built, but the state budget will be $1.4 billion short after the federal government cut infrastructure funding. Last week, federal Infrastructure Minister Catherine King announced funding would be cut for 50 “high-risk” infrastructure projects nationwide to curb spending after a $33 billion budget blowout. Australia’s most populous state New South Wales (NSW) felt the biggest impact, with cuts to 17 out of 50 affected projects. NSW Treasurer Daniel Mookhey said it was disappointing that $110 million had been slashed from the $1.6 billion interchange linking the M7 and M12 motorways to the airport.  “It’s a project that construction is already underway on, and when [Ms. King] had said that the federal government wouldn’t be yanking funding from projects that were already under construction, we expected, therefore, for that money to be safe,” Mr. Mookey told ABC radio. ...