Victorian taxpayers may face an additional $16 billion cost, raising the Suburban Rail Loop project total to $216 billion, according to a report by Victoria's Parliamentary Budget Office.

Victorian taxpayers could face an additional $16 billion cost for the Suburban Rail Loop project, bringing the total to $216 billion, according to a report by Victoria's independent Parliamentary Budget Office. The project's first two stages, SRL East and North, are estimated to cost an extra $9 billion to build and maintain, and an additional $7.5 billion to run over the next 50 years. The project aims to build an orbital rail line connecting Cheltenham to Broadmeadows in Victoria.

March 12, 2024
16 Articles