Sydney’s light rail farce mushrooms

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By Leith van Onselen

In the wake of the massive cost blow-outs and delays hitting both the Parramatta Light Rail Project and the Eastern Suburbs Light Rail Project, the former head of Infrastructure NSW, Paul Broad, in June described the Eastern Suburbs Light Rail Project as a waste of money and a vanity project that should have never been started:

Mr Broad said the 12km line that will stretch from central Sydney to Randwick and Kingsford – and which is a year late and $1 billion over budget – should not have been started because extra buses and more efficient trains would have been better for commuters…

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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.