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Sydney’s Eastern Suburbs Light Rail Project is a textbook example of Australia’s infrastructure failure.
A 2012 Infrastructure NSW report warned CBD light rail had “no material speed benefits”, “is less flexible”, “does not offer significantly greater capacity”, and would be “significantly more expensive than bus services”.
In 2018, the former head of Infrastructure NSW, Paul Broad, described the project as a waste of money and a vanity project that should have never been started.
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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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