The 2023-24 Victorian Budget stated that it expects the federal government to provide an additional “matching contribution” of around $9.6 billion for the first stage of its Suburban Rail Loop (SRL) project.
Source: Victorian Budget 2023-24
The State Budget also stated that the Victorian government plans to raise around $11.8 billion from so-called “value capture”, which would involve charging homeowners and businesses along the SRL line.
