The Turnbull-Joyce Government is delivering a $20 billion investment in rail that will cut congestion in cities, grow the regions and create thousands of new jobs.
This long-term investment in passenger and freight rail will boost the national economy, and includes an additional $8.4 billion to build the Melbourne to Brisbane Inland Rail, the Commonwealth’s biggest rail project in 100 years, that will build a dedicated high productivity rail freight corridor also saving lives by getting freight off roads and onto rail.
The Government has committed to finance the Melbourne to Brisbane Inland Rail project by a combination of an additional $8.4 billion equity investment in the Australian Rail Track Corporation and a public private partnership for the most complex elements of the project.
Inland Rail will provide a high-capacity freight link between Melbourne and Brisbane through regional Australia to better connect our products to domestic and international markets.
Read the full announcement by the Government here
Find out more about the business case for Inland Rail
The Inland Rail Business Case prepared by Price Waterhouse Coopers provides a rigorous assessment of Inland Rail including its significant economic, social and environmental benefits and was released in late 2015.
The purpose of the Business Case was to:
- Identify the problem and vision for the east coast corridor
- Confirm the scope, opportunities and costs
- Provide a 10-year delivery schedule
- Present demand estimates
- Analyse economic and financial implications
- Identify governance arrangements to support the effective delivery of Inland Rail
You can read the full business case here .
Other important documents relating to the Inland Rail programme can be found on the Inland Rail website .