Labor’s High Speed Rail plan “will never work”

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Following Anthony Albanese’s pledge to build a High-Speed Rail (HSR) line linking the east coast capitals if Labor won recent election, the Albanese Government committed $500 million toward a high-speed rail authority to get the project moving:

A board made up of rail and infrastructure sector experts will oversee the new authority, which will provide independent advice to governments on planning and delivery.

It will also be the lead agency to co-ordinate the project with states and territories.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.