The federal and NSW governments have announced funding for major road upgrades. 

The governments have jointly launched a $70 million community assets fund that flood-affected areas can use to repair libraries, sporting facilities, pedestrian bridges and preschools.

The funds are available to the following local government areas (LGAs); Ballina, Bellingen, Bourke, Byron, Camden, Central Coast, Cessnock, Clarence Valley, Glen Innes Severn, Hawkesbury, Kempsey, Kyogle, Lismore, Muswellbrook, Nambucca, Narromine, Richmond Valley, Singleton, Tenterfield and Tweed.

Additionally, the federal government has made a $100 million pledge to upgrade one of NSW's most notoriously dangerous roads - the Bells Line of Road.

The road connects Richmond in north-west Sydney to Bell in the Blue Mountains; providing an alternative to the Great Western Highway.

The steep, winding road has a high accident rate, and has been made more dangerous by extreme weather and record rainfall. 

Prime Minister Anthony Albanese says the federal government will spend $100 million on safety upgrades, such as overtaking lanes and road widening. 

“Anyone who travels along this road knows that it's winding, knows that it's narrow, knows it needs additional safety improvements,” he said. 

“And importantly, at times of crisis, bushfires, floods … when you have this road cut off what you are doing is cutting off emergency services from where they need to get to.”

State and federal governments made a long-term plan to improve the Bells Line of Road back in 2012, which has seen seven new overtaking lanes and wider sealed shoulders at three sites introduced. 

Transport for NSW continues to undertake repair work on the road following extreme weather in the last year.