Forget Commonwealth Games, kill the $200b suburban rail loop

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Premier Daniel Andrews’ decision to cancel the 2026 Commonwealth Games was the right decision, even though he should never have agreed to host it in the first place and will leave Victorians paying a hefty break fee (similar to when Andrews cancelled the East-West Link road project).

The Commonwealth Games is a joke event and the $6 to $7 billion price to host the Games is simply too high.

In the wake of the decision to axe the Games, the Grattan Institute’s Transport and cities program director, Marion Terrill, urged the Victorian Government to also axe its $200 billion Suburban Rail Loop (SRL):

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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.