π° What Happened
Premier Ben Carroll reversed an earlier hint of a pause and committed to pushing ahead with SRL East while cutting its total cost by about 6%. Scope changes will save $1bn, and an independent technical review will hunt a further $1bn in savings.
π The Backstory
SRL East is the 26km tunnel section between Cheltenham and Box Hill, with the 2021 business case putting its maximum cost at about $34.5bn. Carroll had suggested a day earlier that other projects were more important to Victorians.
π― Why It Matters
The pledge to build the SRL 'on time and under budget' tests whether the state can honour a signature megaproject while respecting taxpayer money, and it will shape Melbourne's rail network for decades.
Premier Ben Carroll reversed an earlier hint of a pause and committed to pushing ahead with SRL East while cutting its total cost by about 6%. Scope changes will save $1bn, and an independent technical review will hunt a further $1bn in savings.
SRL East is the 26km tunnel section between Cheltenham and Box Hill, with the 2021 business case putting its maximum cost at about $34.5bn. Carroll had suggested a day earlier that other projects were more important to Victorians.
The pledge to build the SRL 'on time and under budget' tests whether the state can honour a signature megaproject while respecting taxpayer money, and it will shape Melbourne's rail network for decades.
π° Source: Guardian AU
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