Infrastructure Minister Catherine King says tough new rules on road and rail projects “can and must” prevent delays and cost blowouts.
A national funding deal will toughen the rules on road and rail spending worth $125 billion after the federal government said Victoria would have to prove the economic case for its controversial Suburban Rail Loop.
Infrastructure Minister Catherine King says issues with Sydney’s Rozelle Interchange could be examined to ensure they were not repeated., King pointed to it and Melbourne’s Metro as leading examples of the way rail lines could support thousands of new homes around major transport hubs – and therefore justify federal funding.at the Rozelle Interchange in Sydney’s inner west, suggesting national agency Infrastructure Australia could examine the failures to ensure they were not repeated.
“They are big projects, and they do have significant economic benefits and social benefits because it isn’t just about rail,” she said.“And we know with our housing targets, we’ve got to build houses around existing public transport and new public transport to make sure we can get people into workplaces or develop new economic places for that to happen. And rail offers that like no other infrastructure project does.
King said the federal money was yet to be paid and emphasised the need to prove the rail project would add to economic growth.
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