Dan Andrews told to scrap $200b rail loop to nowhere

Monday 17 July 2023

The Grattan Institute has joined the Victorian Liberal Party in calling on the Victorian government to pause the $200 billion Suburban Rail Loop (SRL) project, amid a review of federal projects.

Grattan’s transport director Marion Terrill notes there is a lot of uncertainty over the project’s costs, and it is hard to see why it should be immune from being deferred or re-considered.

“It’s time for a rethink because there is such great uncertainty over the costs and it is far from clear why this is a priority when other projects are being mothballed”, Terrill told The AFR.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.