Gold Coast 2024-25 Budget Unveils Record Infrastructure Funding

Gold Coast, June 11, 2024 — The City of Gold Coast has announced an unprecedented commitment to infrastructure development in its 2024-25 budget, allocating substantial funds to transport and road projects to accommodate the city’s growth and future needs.

In a statement, Mayor Tom Tate emphasised the importance of these investments for the city’s future. “This budget is all about future-proofing our city, with a focus on transport and roads,” said Mayor Tate. “We are continuing to make record investments in infrastructure for our growing city.”

Gold Coast 2024-25 Budget

The 2024-25 budget earmarks a staggering $255 million for the road network, $138 million for transport improvements, and an additional $65 million for road rehabilitation and resealing programs.

Mayor Tate highlighted that transport and traffic are top priorities for Gold Coast residents, necessitating significant investments to enhance and expand the city’s infrastructure.

“Transport and traffic rank among the highest priorities for Gold Coasters,” Mayor Tate said. “Our focus is on expanding and improving our investment in vital infrastructure to keep the city moving.”

The Mayor acknowledged the increasing costs faced by the Council, akin to the rising expenses in a family budget, but underscored the necessity of continued investment in the city’s transport network.

The Gold Coast currently boasts over 3260 kilometres of sealed roads, 1945 kilometres of pathways, and 292 road and pedestrian bridges.

With these substantial allocations, the 2024-25 budget aims to enhance the quality of life for residents by ensuring a robust and efficient transport system capable of supporting the city’s rapid expansion.

TRANSPORT AND INFRASTRUCTURE INVESTMENT HIGHLIGHTS

Road network – $255 million
Transport improvement – $138 million
Traffic management and safety – $37 million
Parking facilities and regulation – $19 million
Road Rehabilitation and Reseal Program – $65 million
Light Rail Stage 3 – $42 million
Subsidising bus services in northern Gold Coast – $3 million
Subsidising public transport to provide free travel for seniors and veterans – $1 million

KEY INITIATIVES

Upgrade to Yawalpah Road, Pimpama including bridge construction to improve road capacity and support the implementation of the Coomera Connector – $27.1 million.
Upgrade to George Alexander Way, Coomera to provide access to the proposed Coomera Public Hospital – $11.0 million.
Bridge replacement over Lake Heron at Cassowary Drive, Burleigh Waters – $8.5 million.
Upgrade to the intersection of Wardoo and Cotlew Streets, Ashmore – $8.1 million.
Upgrade to the intersection of Eastern Service Road and Burnside Road, Ormeau – $6.1 million.
Upgrade to the intersection of Lahrs Road and Goldmine Road, Ormeau – $6.1 million.
Road renewal on designated quarry haul routes – $5.8 million.
Road upgrade at Quinns Hill Road, Stapylton – $5.0 million.
Road reconstruction works in Lae Drive, Lae Place and Bayview Street, Runaway Bay – $4.7 million.
Road reconstruction on Gaven Arterial Road, Maudsland – $2.3 million.
Old Coach Road, Tallebudgera upgrade, Stage 2 – $5.0 million.