The Victorian government has “overstated” the benefits of sections of its contentious Suburban Rail Loop project, Australia’s peak infrastructure body has determined, as it warns blowouts to the $34.5bn price tag of the first section are likely.
In its evaluation of the Suburban Rail Loop (SRL) East section, Infrastructure Australia – the commonwealth-funded independent infrastructure adviser – has recommended the federal government halt further funding to the project until an updated estimate and cost-benefit analysis is produced.
