Spin engulfs Melbourne’s $50b rail megaponzi

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The Sunday Herald-Sun published an extraordinary propaganda article spruiking the State Government’s 90 kilometre suburban rail loop, which it labelled a “game changer”:

Melbourne’s new suburban rail loop will operate up to 40m underground and could run driverless trains…

A gun team of 150 experts from Australia and overseas has been assembled to get the $50 billion rail line — the biggest public transport project in Australia’s history — built.

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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.