Victoria's Parliamentary Budget Office says the first two stages of the Suburban Rail Loop will cost $200 billion to build and operate by 2084-85. The government put total construction costs for the project at $50 billion.
New analysis of the Andrews government's Suburban Rail Loop puts the cost of building the project at $125 billion — more than double the government's own estimate.Victoria's Parliamentary Budget Office [PBO] assessed the project at the request of Opposition Leader Matthew Guy
Another $75 billion dollars in operating costs takes the total spend for the project to more than $200 billion. It estimates the cost of constructing the first and second stages to reach $125 billion by the targeted completion date of 2084-85.the Andrews government estimated the cost at around $50 billionTransport Infrastructure Minister Jacinta Allan and Premier Daniel Andrews launched the first stage of construction of the project in June.
"Victoria's debt is already more than NSW, Queensland and Tasmania combined. This one project would double that debt again."and divert the money that would have been spent into an overhaul of the state's health system. The opposition said it would build new hospitals at Melton, Mildura, West Gippsland and Wodonga as well as a new infectious diseases hospital with money that would have been used for the rail loop.
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