Newcastle - VibeWire Magazine

Leading Edge expand Newcastle DC with $80M capital raise

The bet is on neoclouds, tenants who lease rack space but bring their own GPUs and cooling, rather than the telcos and councils LEDC was built for.

Regional Transport Minister and Maitland MP Jenny Aitchison said it’s a positive step forward.

This is not a national project it is a Sydney based boondoogle far from what a nation needs.

He noted the corridor’s huge population—78 percent of Australians—and routes extending to Canberra and Melbourne.

They want to see the line connected to key infrastructure… and are looking to take their case to Macquarie Street.

Infrastructure Australia said a higher level of cost certainty was needed to inform decisions about investing in the project.

The federal government is still yet to commit to building the game-changing infrastructure

Sky high power bills have been blamed for the downfall.

The Newcastle-Sydney high-speed rail link is estimated to cost at least $30bn and take well over a decade to build.

The long-anticipated east coast rail project is set to connect Brisbane, Sydney, Canberra, Melbourne and regional communities in between.