No Australian should have to answer a knock at the door to hear that a loved one has lost their life on our roads. Such tragic loss of life is devastating for families and for our communities. That's why the Albanese government is taking action, with a collaborative approach to this issue, working with all levels of government and the community. We know that state and local government play a particularly important role, managing more than three-quarters of our nation's roads. Our government's National Road Safety Strategy and National Road Safety Action Plan reflect this, setting out key priorities for action across all levels of government, including road trauma reduction targets for the decade to 2030.
Our targets are ambitious but necessary. We want to reduce fatalities by 50 per cent and serious injuries by 30 per cent by 2030, a goal that will drive us toward Vision Zero by 2050. As a part of that plan, the Albanese government is taking unprecedented steps to respond to the concerning increase in road trauma noted in the member's motion. The government announced in April this year, in an historic first, that each of the state and territory governments has signed an intergovernmental road safety data-sharing agreement. This is a vital step towards improving road safety, and something the Albanese government has been working tirelessly to achieve.
Road safety data is essential to understanding where and why road accidents occur. The Commonwealth will look to improve data sharing from the state through upcoming Federation Funding Agreement negotiations. For the first time, we will seek to include a provision in this negotiated agreement with the states that will create a requirement for the provision of nationally consistent datasets. This is a pivotal step towards harmonising, collecting, storing and sharing road safety datasets. To support this effort, the Albanese government has committed $21 million to the National Road Safety Data Hub to support enhanced evidence based road safety strategies to eliminate road trauma by 2050.
This new data-sharing agreement establishes the critical foundation to enable increased data sharing and collaboration between all Australian governments into the future. It will also pave the way for non-government researchers and other organisations to request access to national road safety data to support their work in creating more effective road safety policy and interventions. This newly signed agreement formalises the ongoing data-sharing arrangements between jurisdictions for road crash data currently collected from jurisdictions, and outlines new terms of use for the sharing of road safety data. Initially the data-sharing agreement will formalise and standardise existing data-sharing agreements for road crash data currently collected from jurisdictions. It will also create the mechanism to increase data sharing over time as further datasets are identified and agreed for inclusion.
This is the first opportunity our government has had to act on the data through these intergovernmental agreements, and it comes after years of inaction by the previous coalition government. I note that the motion put forward by the member for Barker fails to mention the former coalition government's egregious neglect of road infrastructure and road safety systems. They had a decade to address road safety in Australia. They had a decade to make lasting, meaningful change with data collection. But, instead, they neglected the urgent need for reform.
Following our announcement, the Australian Automobile Association said that it was the most significant road safety reform in decades. Like the AAA, our government understands that data can highlight where best to target road safety funding. We understand that accurate and consistent data will help save lives and ensure all levels of government can identify and invest in road safety projects that will make the biggest difference. Australian families deserve action. We call on all states to provide their data so we can all do better and save lives. Our government will continue to act as we combat the increase in deaths on our roads.