Experts rubbish Vic Labor’s $50b rail megaponzi

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By Leith van Onselen

After the Grattan Institute recently rubbished the Victorian Government’s announced plans for a $50 billion gigantic rail tunnel loop, claiming the project has been announced without Infrastructure Victoria’s expert advice and without conducting a business case, more transport ‘experts’ have cast doubt on the plan:

Transport experts have questioned why it would cost as much as $600 million to plan Melbourne’s proposed 90-kilometre suburban rail loop, or why the project’s creation was shrouded in such secrecy…

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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.
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