SMH ·general ·1 hour ago

Inland Rail’s final stages shelved after shock $45 billion price tag revealed

Australia indefinitely shelved the final stages of the troubled Inland Rail freight project after costs ballooned to $45 billion, three times the original $14.5 billion budget. The 1,700-kilometre line connecting Melbourne and Brisbane now won't finish until at least 2036. The government will focus on completing the Melbourne-to-Parkes section by end-2025 while redirecting funds to existing freight rail upgrades.

Summary by Glance · SMH

Newer
Next