Australian gov't invests $78m for Sydney-Newcastle high-speed rail business case, expected completion by 2024.

The Australian government is investing $78 million to prepare a business case for a high-speed rail line connecting Sydney to Newcastle. The project aims to boost economic development, create jobs, improve connectivity between cities, and support progress on environmental outcomes. The Business Case is expected to be completed by the end of 2024, and once approved, would be a crucial step towards building a fast network on Australia's east coast.

January 29, 2024
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