Minister for Transport Infrastructure, Danny Pearson, announced a cost blowout of $837 million today, with the project now expected to cost $15 billion, $4 billion more than the original cost.
A leaked legal letter, obtained by The Age, outlines a series of financial incentives to the Cross Yarra Partnership construction consortium to secure the completion of the train line under central Melbourne.
New stations in Arden and North Melbourne will be a boon for these growing areas, while a new passageway under the CBD will take the pressure off the City Loop, which gets clogged during peak hour and severely constricts the number of trains that can run during our busiest hours.
This website stores cookies on your computer. These cookies are used to provide a more personalized experience and to track your whereabouts around our website in compliance with the European General Data Protection Regulation. If you decide to to opt-out of any future tracking, a cookie will be setup in your browser to remember this choice for one year.
