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National Politics

I'm a planning expert and have reviewed the SRL business case. It's no wonder the feds won't fund it


Published on 2024-12-02 01:30:40 - Brian Stokes
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  • The state government is frustrated at Canberra's refusal to pay up, but the reasons are simple: the Suburban Rail Loop business plan - and what it lacks - is of major concern.

The article from The Age discusses the critical analysis of the business case for Victoria's Suburban Rail Loop (SRL) by Professor Graham Currie, a planning expert. Currie highlights several issues with the project, including its high cost, lack of detailed planning, and questionable economic benefits. He points out that the SRL's business case lacks specifics on land use, transport integration, and cost estimates, which are crucial for such a large infrastructure project. Currie also notes that the project's cost-benefit analysis appears inflated, with benefits potentially overstated and costs underestimated. This lack of transparency and detail, according to Currie, explains why the federal government has been reluctant to fund the project, as it does not meet the rigorous standards typically required for such significant financial commitments.

Read the Full The Age Article at:
[ https://www.theage.com.au/politics/victoria/i-m-a-planning-expert-and-have-reviewed-the-srl-business-case-it-s-no-wonder-the-feds-won-t-fund-it-20241125-p5ktey.html ]

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