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The Australasian Railway Association and the Australian Logistics Council have both praised Treasurer Scott Morrison’s Budget announcement, saying a $20 billion rail investment would be a major boost for Australia.
ARA boss Danny Broad praised the Budget, calling its plan for rail “bold”.
“The Government’s renewed commitment to rail, including through its $10 billion National Rail Program for urban and regional passenger rail, underscores its importance to Australia and is welcomed by the rail industry,” the industry advocate said.
“ARA congratulates the Government’s strong funding commitment to rail in the 2017-2018 budget to boost economic activity and improve the liveability of our cities.”
In particular, Broad praised the $8.4 billion committed to Inland Rail.
“Inland rail is fundamental to boosting rail freight efficiency in Australia, and given Australia’s freight task will grow 26% by 2026, its delivery is important to all Australians,” he said.
Australian Logistics Council managing director Michael Kilgariff also praised the Inland Rail move.
“The transformative potential of the Inland Rail project has been talked about for decades, with incremental progress being made over the past several years, including a positive assessment of the business case by Infrastructure Australia,” Kilgariff said.
“The $8.4 billion commitment announced in the Treasurer’s speech tonight will finally allow its construction.
“At long last, we can stop merely talking about this project’s potential, and instead begin to witness it.”
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