{"id":152288,"date":"2024-11-27T12:44:12","date_gmt":"2024-11-27T02:44:12","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=152288"},"modified":"2024-11-27T12:44:13","modified_gmt":"2024-11-27T02:44:13","slug":"labor-mps-express-disquiet-over-melbourne-rail-loop","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=152288","title":{"rendered":"Labor MPs express disquiet over Melbourne rail loop"},"content":{"rendered":"\n

Victorian Labor MPs have privately expressed frustration and concern over Premier Jacinta Allan\u2019s vow to \u201cdouble down\u201d on the $125 billion Suburban Rail Loop, warning if federal Labor lose the election the state government will be left on the hook for billions.<\/p>\n\n\n\n

Federal Liberal frontbencher Dan Tehan sparked internal ructions last week when he said he would introduce a petition in federal parliament urging the Albanese government to abandon its support for the rail loop, amid a federal Coalition push to dump financial support for the project.<\/p>\n\n\n\n

The federal government has committed just $2.2 billion for the first stage of the project, the $34.5 billion SRL East, but the state government expects the federal government to contribute at least $11.5 billion, with another third expected to come from value capture taxes.<\/p>\n\n\n

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Premier Jacinta Allan has announced the final tunnelling contract for the first stage of the SRL project has been awarded to a global construction consortium at a cost of $1.7 billion. Penny Stephens<\/figcaption><\/figure>\n<\/div>\n\n\n

Victoria\u2019s finances are under scrutiny after the state\u2019s auditor-general on Friday warned that general government sector debt was forecast to pass $228 billion by 2028, and independent economist Saul Eslake published an in-depth analysis of the economy that concluded, among other things, that household income had dropped below that of Tasmania for the first time.<\/p>\n\n\n\n

A major chunk of the state\u2019s debt comes via Victoria\u2019s infrastructure program, including road projects the $10.2 billion West Gate Tunnel and the $26 billion North East Link, and rail projects the $15.6 billion Melbourne Metro and the SRL.<\/p>\n","protected":false},"excerpt":{"rendered":"

A major chunk of the state\u2019s debt comes via Victoria\u2019s infrastructure program, including road projects the $10.2 billion West Gate Tunnel and the $26 billion North East Link, and rail projects the $15.6 billion Melbourne Metro.<\/p>\n","protected":false},"author":21,"featured_media":149594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1168,47,8160],"tags":[14557,8634,993,8],"class_list":["post-152288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-tunnel","category-rail-news","category-suburban-rail-loop","tag-afr","tag-jacinta-allan","tag-melbourne","tag-victoria"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t