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TREASURER Troy Buswell will turn to the private sector to help meet the cost of his government's $4 billion rail projects.
Mr Buswell today insisted the $1.8 billion light rail and $1.895 billion Airport Rail Link would be built, regardless of private investment.
But he confirmed he was investigating private investment options to ease the burden.
Treasurer Troy Buswell announced today the timetables for the light rail and airport rail link projects had been pushed out from 2018 to 2019.
Work on both rail projects would begin in 2016.
Mr Buswell said he did not believe the government would be crucified for not sticking rigidly to its March election promise to build them by 2018.
"People won’t hang us out to dry," he said.
Improving transport in Perth is also a major theme ahead of the September 7 Federal Election.
Liberal leader Tony Abbott has refused to pledge any Commonwealth money for passenger rail projects in this state.
But the Federal Labor Party has hinted it may commit further funding, on top of its already-promised $500 million hand out.
Premier Colin Barnett went to the state election in March expecting to get $3 billion in commonwealth funding for the rail projects and the Swan Valley Bypass.
At present, he can only pencil in $900 million – with $500 million spread over 10 years.
This article first appeared on www.perthnow.com.au
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