Infrastructure Australia criticises project’s business case and backs concerns over cost blowouts
Get our breaking news email, free app or daily news podcast
The Victorian government has “overstated” the benefits of sections of its contentious Suburban Rail Loop project, Australia’s peak infrastructure body has determined, as it warns blowouts to the $34.5bn price tag of the first section are likely.
In its evaluation of the Suburban Rail Loop (SRL) East section, Infrastructure Australia – the commonwealth-funded independent infrastructure adviser – has recommended the federal government halt further funding to the project until an updated estimate and cost-benefit analysis is produced.
Sign up for Guardian Australia’s breaking news email
About Author
More Stories
Australia news live: community to hold vigil for Pheobe Bishop; embattled Tasmanian premier pulls privatisation study
Scott Morrison sought advice to obstruct Nauru asylum seekers from accessing abortions, documents reveal
Kenya tells tea factories to cut ties with Rainforest Alliance due to costs