Infrastructure Australia criticises project’s business case and backs concerns over cost blowoutsGet our breaking news email, free app or daily news podcastThe 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.Sign up for Guardian Australia’s breaking news email Continue reading...
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