A fast train network linking Australia’s east coast capitals and regional centres could be one step closer with the Malcolm Turnbull set to announce a radical new funding plan that could see plans for a high speed rail network for Australia’s east coast finally start to speed up.
The Prime Minister has previously lent support to plans for a fast train in Sydney for starters, with a view to building a larger high-speed rail network, but hasn’t been able to explain how his cash-strapped government would hope to pay for it.
Now it looks like a new funding system for nation-building projects, including contributions from the private sector, could see the government bring a fast train plan to this year’s election.
According to The Australian, the Prime Minister is set to unveil his cities policy, which will include a proposal for changes to Australian infrastructure projects.
A fast train from Sydney’s CBD to Badgerys Creek — the site of the city’s second airport — is said to be the government’s first priority.
The western Sydney route is planned to be extended afterwards with links to regional centres like Goulburn, located between Sydney and Canberra.
A similar plan would link Melbourne to its regional neighbour Shepparton.
The links would lay the foundation for a long-term plan to build a fast train network eventually running the nation’s east coast from Melbourne to Brisbane.
By Liz Burke. This article is a fragment originally published on news.com.au/travel and can be read in full here.