Partial privatisation studies included in DB restructuring
The Next Federal Election and Passenger and Freight Rail
Transport and Logistics symposium to gauge railway link
Rail gets another CRC. Third time lucky?
Chinese high speed rail should confine the XPT to history
Hendy heads to NR
Urban rail news in brief - July 2015
Inland rail a trifecta for Toowoomba region: mayor
A dedicated inland rail line for freight is now a much more viable option which should be placed much higher on the infrastructure plans of both sides of politics, according to the Australasian Railway Association.
While the inland freight line has long been dismissed as too expensive, the chairman of the ARA, former Labor finance minister Lindsay Tanner, said on Tuesday that an extensive investment program over the past five years by the federal government meant that large sections of the rail line had now been put in place. There was only an area in southern Queensland that needed to be addressed before the inland corridor could be completed.
Releasing its policy priorities for the federal election, the ARA argues that only 5 per cent of freight between Sydney, Melbourne and Brisbane is carried by rail and that the inland rail line would provide a competitive alternative for freight along the east coast.
Opposition Leader Tony Abbott said on Monday that he wanted to be known as “an infrastructure prime minister” as he recommitted to $17 billion of road projects around the country.
However, the Coalition is not making any commitments to rail projects.
The Australian Financial Review reported on Tuesday that two bodies with an interest in infrastructure spending, Infrastructure Partnerships Australia and the Australian Automobile Association, estimated that Labor and the Coalition had made commitments worth between $17 billion and $18 billion on infrastructure projects.
While the Coalition has given firm commitments to seven projects worth $17 billion (not yet including any spending for Western Australia), the status of projects earmarked by Labor is unclear.
It is unclear how much of the promised spending will be financed by savings and how much by existing funding.
NATION BUILDING PROGRAM
Asked whether it could be assumed that all other projects funded under the Nation Building Program’s second phase would be honoured by the Coalition, a spokesman for opposition infrastructure spokesman Warren Truss said on Monday it was too soon to say.
He said the Coalition would have to wait until the release of the pre-election fiscal outlook (PEFO) on Tuesday to see “how bad the budget is”.
“Obviously, projects under way will continue, but we reserve the right to re-prioritise others and, naturally, our commitments stand,” he said.
Prime Minister Kevin Rudd and Infrastructure minister Anthony Albanese leapt on the comment, claiming it showed the Coalition had a secret “hit list” of road, rail and public transport projects it would cancel to pay for promises made by Tony Abbott.
This article first appeared on www.afr.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2021 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.