Lismore Secures Historic Funding Agreement for $860 Million Roads and Bridges Rebuild

Pearces Creek Bridge Pearces Creek Bridge was offcially opened last week. This $5.24 million project has been co-funded by the Federal Government Bridges Renewal Program and the NSW Government Fixing Country Bridges Program.

The $12 million upgrade of Crozier and Oakes Oval is well underway. This upgrade is really important to get visitors and events back into our town. We will attract signifcant sporting events across 5 different codes. Will be great for locals as well.

These events mean more money spent in local motels, restaurants, cafes, and retail shops which will be a great support for our local businesses.

This is being funded by Federal, State and Local Governments, with contributions from sporting codes. Great to see all levels of Government working together.

Following tireless negotiations and persistent lobbying by Lismore City Council, a historic agreement to fund the rebuild of around one hundred of Lismore’s roads and bridges, devastated by the 2022 natural disaster, was fnalised last week with the NSW Government.

The agreement not only signifes the governments confdence in the future of the city but also aims to streamline critical funding for transport infrastructure in the aftermath of natural disasters.

It is now standing as a concrete structure with dual lanes, new guard rails, widened shoulders and re-vegetation works to prevent erosion.

Load limits have also been removed with the bridge now safer for all road users on this key connection in the local road network.

Rural bridges are vital for us keeping people safe, moving produce out, and connecting our communities.

The record investment of $860 million provides certainty for the city and the community that the many projects, previously stuck in a holding pattern, can now progress to full investigation and design.

Brendan Logan, Council’s Chief Operating Offcer, emphasised the magnitude of Council’s work in securing this agreement as well as its implications for the city’s rebuild efforts.

“This is one of the largest asset restoration funding agreements in Australia’s history, and we are grateful it is now in place for our Roads and Bridges component of the Flood Restoration Portfolio,” he said.

“While initial costings for many projects have been determined, further assessment is necessary to understand the full scope of works.

“This funding means Council can now progress with this investigation and the design phase with certainty and at a steady pace.

“All going well, some of our most damaged sites, like Blue Knob Road, and Stoney Chute Road, are moving much closer to real restorative work commencing,” said Logan.

The tripartite agreement, involving Transport for NSW, the NSW Reconstruction Authority and Lismore City Council, establishes a new, expedited funding pathway for reconstruction efforts.

Previously, Council operated under a reimbursement model, completing work with its own funds and awaiting reimbursement from the government.

This new agreement ensures upfront funding availability, removing risks and barriers for Council.

“What executing this agreement does is lock in a cost estimate, which then provides working capital, which allows us to plan with confdence,” Logan said.

“We can lock in designs and start serious program development, and then begin the process of informing the community, our Council, and the market of what we will be delivering and when.”

The NSW State government has previously expressed its dedication to assisting food-affected communities throughout the Northern Rivers region. This agreement solidifes and furthers that commitment. It is a signifcant leap forward for Lismore, inspiring renewed confdence in the city with solid government backing.

Not only does this historic agreement beneft Lismore’s rebuild but also sets a precedent for disaster response funding for all NSW Councils in the future.