The Australian Government’s largest infrastructure commitment in the October 2022–23 Budget is $2.2 billion for the Suburban Rail Loop (SRL) in Victoria. The October 2022–23 Budget started a budget repair fiscal narrative, which included a focus on increased ‘value for money’. The SRL funding announcement precedes the evaluation of the SRL business case by Infrastructure Australia to recommend whether the project represents value for money and should be placed on the Infrastructure Priority List. Read more...
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