Infrastructure Minister Catherine King has introduced a evaluate of the inland rail mission. No evaluate is required: it is a $20 billion subsidy to coal miners that ought to be shut instantly.
In the present day the federal authorities introduced a evaluate, to be led by Kerry Schott, into the inland rail mission. Infrastructure Minister Catherine King described the mission as “over funds, delayed and with no plan for the place it’s going to begin or finish”.
There isn’t any evaluate wanted for the inland rail mission. It ought to merely be stopped, instantly. Each single greenback spent on it’s wasted and can by no means be recouped. That is not private opinion. That is the authentic enterprise case (now curiously onerous to search out on any authorities web site) — a enterprise case ready when the mission was going to price $5 billion to construct. It is since blown out to $15 billion, and Barnaby Joyce dedicated the Coalition to waste one other $5 billion (at the least) extending it to Gladstone.
It is a huge white elephant. Besides, that is a smear on pachyderms. To name it a canine is to demean our canine buddies. The inland rail line will not simply lay there rusting within the countryside. Its entire goal is to subsidise coal exports by providing below-cost rail transport for coal miners — 35% beneath price, in accordance with the company constructing it, the Australian Rail Monitor Company (ARTC). The ARTC has stated it fairly clearly: “entry expenses have been set to maximise rail volumes relatively than to maximise monetary income”. The extension to Gladstone can also be designed to subsidise coal exports out of Gladstone.
Learn extra in regards to the inland rail mission.
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