Re: $550m to speed up Vic rail services

["< Tell >" <telljb@01.ozemail.com.au>]

Hang on, if the previous Government sold everything
off, well thats what we have been told, over & over.

Does this mean that Bracks is starting up a new
government railway, or is he about to throw bucks at
the privates.?   

Just curious.

....Tell
Alice Springs NT


dbromage@fang.omni.com.au (David Bromage) wrote:

> $550m to speed up Vic rail services
>    MELBOURNE, Sept 5 AAP - The Victorian government will spend $550 
> million on developing fast rail links between Melbourne and major 
> regional centres, Premier Steve Bracks announced today.
>    Mr Bracks said the introduction of high-speed services between 
> Melbourne and Ballarat, Bendigo, Geelong and Traralgon would be the 
> biggest one-off investment in regional rail infrastructure in 100 
> years.
>    The Premier said the total cost of the fast rail links would be 
> about $800 million, with the private sector expected to provide the 
> balance of the funding.
>    "This is not just a great project for Ballarat, Bendigo, Geelong 
> and Traralgon and all the population on that line - it's actually a 
> great project for Victoria," Mr Bracks told reporters.
>    The aim is to achieve travel times of 60 minutes to Ballarat, 80 
> minutes to Bendigo, 45 minutes to Geelong and 90 minutes to 
> Traralgon.
>    Mr Bracks said the rail investment delivered on the Labor 
> Party's election promise of improving rail links in regional 
> Victoria.
>    The $550 million government contribution includes $80 million 
> already allocated for the project in the 2000-2001 Budget.
>    MORE tsc/jlw/it