Ben Carroll will not rule out redirecting Suburban Rail Loop funds to other projects
Summary
Victoria’s new premier, Ben Carroll, has not ruled out redirecting money planned for the Suburban Rail Loop to other projects. He said his government will invest funds where they provide the most value for Victorians and may review the costly rail project, including contracts already signed.Key Facts
- Ben Carroll became Victoria’s premier and is considering changes to the Suburban Rail Loop (SRL) project.
- The SRL is a 90km public transport project with about $6 billion in federal funding and $11.8 billion from the state.
- Construction is underway, with tunnel-boring machines already working in Burwood.
- Carroll has not made final decisions but is open to reviewing and possibly redirecting funds to other projects.
- Carroll spoke to Prime Minister Anthony Albanese but did not discuss changes to federal funding.
- The SRL was first promised by former premier Daniel Andrews and later supported by Jacinta Allan.
- The project has faced criticism for its cost, business case, and overall value.
- An independent report suggested cancelling the project could improve the budget by $21 billion over 10 years but would cost $1.8 billion in contract fees.
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