The Capital births another rail white elephant

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By Leith van Onselen

Rail transport should be in my DNA. My father ran Victoria’s freight railway system for many years and I grew up around trains. I even spent six months post university working in ‘the business’.

Even with this background, I have never understood why politicians, ‘experts’ and commentators have an inherent bias towards rail as the preferred mode of public transport.

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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.