{"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

The completion of an ambitious light rail scheme touted by the Queensland<\/a> government as a key Olympic<\/a> legacy project is at risk amid a massive cost blowout.<\/p>\n\n\n\n

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

The business case estimated the Gold Coast light rail would cost more than $7 billion.<\/p>\n\n\n

\n
\"Queensland
Queensland Premier Steven Miles. His government touted the Gold Coast light rail as a key Olympic legacy project, but it’s now facing huge cost blowouts.(Matt Dennien)<\/figcaption><\/figure>\n<\/div>\n\n\n

The revelation comes just weeks after 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

It comes after 9News revealed stage four of the project – a 13-kilometre section of light rail linking Coolangatta to Burleigh – would cost more than $3 billion.<\/p>\n\n\n\n

Queensland’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":"

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":[],"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