Is a Melbourne airport rail link worth spending $10 billion?
Advertisement
The prospect of Melbourne getting a rail link connecting the airport to the CBD just moved closer to reality, with the Turnbull Government set to allocate $5 billion towards the project in the May Budget. From The ABC:
While the funding announcement is significant, the $5 billion pledged will not be enough to cover the entire cost of the project.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.