{"id":26781,"date":"2024-04-11T15:08:11","date_gmt":"2024-04-11T05:08:11","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=26781"},"modified":"2024-04-11T15:08:16","modified_gmt":"2024-04-11T05:08:16","slug":"key-olympic-legacy-project-at-risk-amid-revelations-it-could-cost-7-billion","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=26781","title":{"rendered":"Key Olympic legacy project at risk amid revelations it could cost $7 billion"},"content":{"rendered":"\n<p>The completion of an ambitious light rail scheme touted by the&nbsp;<a href=\"https:\/\/www.9news.com.au\/queensland\">Queensland<\/a>&nbsp;government as a key&nbsp;<a href=\"https:\/\/www.9news.com.au\/olympics\">Olympic<\/a>&nbsp;legacy project is at risk amid a massive cost blowout.<\/p>\n\n\n\n<p>The state government released the full business case this afternoon after 9News revealed the plans had been completed last year.<\/p>\n\n\n\n<p>The business case estimated the Gold Coast light rail would cost more than $7 billion.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/imageresizer.static9.net.au\/xtz3gktQAxHF92igj_O_McK9ntk=\/500x0\/https%3A%2F%2Fprod.static9.net.au%2Ffs%2F2c986391-4608-42c9-969a-7d60e0be794e\" alt=\"Queensland Premier Steven Miles speaks to media\"\/><figcaption class=\"wp-element-caption\">Queensland Premier Steven Miles. His government touted the Gold Coast light rail as a key Olympic legacy project, but it&#8217;s now facing huge cost blowouts.(Matt Dennien)<\/figcaption><\/figure>\n<\/div>\n\n\n<p>The revelation comes just weeks after&nbsp;<a href=\"https:\/\/www.9news.com.au\/national\/queensland-news-controversial-gabba-rebuild-scrapped-amid-olympic-review\/366dba1f-e9fa-420b-81fa-753e5b92ccf8\">Premier Steven Miles scrapped a $2.7 billion scheme to rebuild the Gabba<\/a>, \ufeffsaying the cost was too much in the midst of a cost of living crisis.<\/p>\n\n\n\n<p>It comes after 9News revealed stage four of the project &#8211; a 13-kilometre section of light rail linking Coolangatta to Burleigh &#8211; would cost more than $3 billion.<\/p>\n\n\n\n<p>Queensland&#8217;s Transport Minister Bart Mellish \ufeffhas admitted the scheme is projected to cost anywhere from $3.1 billion to $7.5 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The completion of an ambitious light rail scheme touted by the\u00a0Queensland\u00a0government as a key\u00a0Olympic\u00a0legacy project is at risk amid a massive cost blowout.<\/p>\n","protected":false},"author":20,"featured_media":25670,"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":[273,190,163],"tags":[7664,7465,7],"class_list":["post-26781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-light-rail","category-rail-industry-news-australia-new-zealand","tag-gold-coast","tag-queensland","tag-transport"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/26781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26781"}],"version-history":[{"count":1,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/26781\/revisions"}],"predecessor-version":[{"id":26782,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/26781\/revisions\/26782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/25670"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}