South Australian ‘expert’ launches ponzi rail plan

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By Leith van Onselen

With the South Australian Liberal Opposition and Nick Xenophon’s SA Best party promising to ramp-up population growth if elected, a former senior Transport Department bureaucrat, Luigi Rossi, has launched a half-baked plan to build a $1 billion high-speed rail (HSR) link From Adelaide to Mount Barker. From Adelaide Now:

A SUPERFAST rail link from Adelaide to Mt Barker would relieve travel woes for motorists, capitalise on tourism and prepare for population growth, according to a South Australian transport expert.

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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.