Transport Minister Mark Bailey has released independent advice that the $5.4 billion Cross River Rail project will now cost $6.3 billion and not be completed until “first quarter 2026”, not 2025 as planned. Read more here:
Transport Minister Mark Bailey on Saturday morning defended the $960 million cost blowout in the state’s flagship transport project, saying it had no implications for future 2032 Olympic and Paralympic Games projects.
Transport Minister Mark Bailey defends the 17.5 per cent - $960 million - increase in Brisbane’s now $6.3 billion underground Cross River Rail in April 2023.On Saturday, he said he “did not expect” the 17.
Bailey said the independent cost report for Cross River Rail examined costs over the previous three years. Boggo Road’s Cross River Rail station under construction in February 2023. Train services will now not run until first quarter of 2026.“It is only a very slight increase in time, we are talking about three months,” Bailey said., where costs increased from $5 billion to $10 billion.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Absolutely unavoidable' $960m cost blowout for Brisbane's Cross River Rail revealedThe state government has revealed Queensland's largest infrastructure project will open later and cost almost a billion dollars more than previously planned.
Read more »
Across the CBD in 77 seconds: Brisbane fast-tracks underground networkCross River Rail will have the capacity to shuttle commuters between two new underground CBD stations in just 77 seconds, and ferry them to the Gabba in two minutes.
Read more »
L1 Light rail services impacted for ten days starting April 1Buses will replace light rail services between Central and Dulwich Hill as trackwork begins for 10 days starting tomorrow. 9News
Read more »
Taxpayers 'won't pay a cent' of $94 million fee to scrap Adelaide rail privatisation, minister saysThe SA government is banking on Keolis Downer not pursuing legal action against it when it pushes ahead with plans to scrap the privatisation of Adelaide's rail network — despite a $94 million termination clause.
Read more »
Canberra's peak cycling body calls for protected bike lanes along capital's major roadsNew details of the next stage of Canberra's light rail include plans for new cycling infrastructure, but Pedal Power ACT says it's not enough.
Read more »
'Absolutely unavoidable' $960m cost blowout for Brisbane's Cross River Rail revealedThe state government has revealed Queensland's largest infrastructure project will open later and cost almost a billion dollars more than previously planned.
Read more »