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NSW Premier, Gladys Berejiklian, has come out against the proposal to build a high speed train line between Sydney and Melbourne, citing doubts about the cost and benefits of a very fast train service. From The Australian:
NSW Premier Gladys Berejiklian is known to be sceptical despite claims by one interested consortium and other enthusiasts that a high-speed rail network could be built at no public cost and operate profitably…
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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.