The new NSW Budget will bring faster rail a step closer, and more reliable connections between Sydney, the Central Coast and Newcastle.
The funding will go to the first stage of the Northern Corridor, helping build two new electrified rail tracks between Tuggerah and Wyong, new platforms and station upgrades, new bridges including over the Wyong River and safeguarding future fast rail connections to the north and south, subject to agreement with the new Federal Government.
Premier Dominic Perrottet said the NSW Government’s Fast Rail vision could slash travel times between Sydney and Newcastle to one hour, Sydney and Gosford to 25 minutes and Sydney to Wollongong in just 45 minutes.
“We’re committed to a rail network that helps shape our State’s growth for the next century, starting with improvements to cut delays and lay the foundations for making faster travel times a reality,” says the NSW premier, Mr Perrottet.
“This investment will improve reliability and increase capacity in the rail network helping deliver better services closer to home for the people on the Central Coast as we plan a brighter future for the people across the State.”
“We’re committing $500 million towards early works, planning and further development of the line that will initially minimise delays and eventually allow high speed travel and drastically cut travel times,” says the Treasurre of NSW, Mr Kean.
“This will create tens of thousands of jobs and significantly boost the economy.”
“Infrastructure creates opportunity. Faster and better connections between our great cities will improve reliability, improve travel times and ultimately improve quality of life for the many across our state,” says the Minister for Infrastructure, Cities and Active Transport, Mr Rob Stokes.
“These infrastructure improvements have enormous productivity benefits for the whole community and pave the way for further investment down the track.”
Parliamentary Secretary for the Central Coast Adam Crouch said the NSW Government’s commitment for rail improvements on the Central Coast builds on a Federal Government commitment to this great part of the state.
The NSW Government commitment is conditional on $500 million in matched funding from the Commonwealth Government that was announced by Prime Minister Anthony Albanese prior to the federal election.
Site investigations as part of the project are scheduled to commence before the end of 2022.
QLD Government releases SEQ Rail Connect plan to show how the network will be transformed after the opening of the Cross River Rail.
The Suburban Rail Loop (SRL) is a 90-kilometre rail loop of the Melbourne metropolitan area and Victoria’s biggest infrastructure investment.