Maritime & Transport

Fast-train study begins

The Australasian Railway Association and Informa Australia organises the annual High Speed Rail Conference.

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THE Australasian Railway Association has begun a study of the economic benefits of high-speed rail for regional Australia.

It follows the federal government’s announcement it would proceed with the second phase of its investigation into the viability of a fast train between Brisbane and Melbourne.

Association chief executive Brian Nye said his study would look at the potential gains for centres such as Goulburn, Wagga Wagga, Albury-Wodonga and the Gold Coast-Tweed Heads area and hoped the study would be complete by March, soon after Federal Parliament resumes for a year in which major infrastructure projects are slated for debate.

The first phase of the government’s study found a line between Brisbane and Melbourne, via Newcastle, Sydney, Canberra and other major regional hubs would cost between $61 billion and $108 billion for more than 1600 kilometres of double track.

 

This article is taken from the Sydney Morning Herald.

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