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Billion dollar fast rail claim



The cost of the Victorials fast rail project could blow out to over a
billion dollars, according to the State Opposition. Opposition Public
Transport spokesman Geoff Leigh said a presentation to potential
investors in December showed the project's $810 million construction
cost had a variable of plus or minus 30 per cent - potentially blowing
out the cost to more than a billion dollars.

http://ballarat.yourguide.com.au/detail.asp?class=news&subclass=local&category=general%20news&story_id=32692
(Ballarat Courier)