INFRASTRUCTURE (ECONOMICS) – VICTORIA

No cost-benefit analysis done for $2b in legacy Games projects

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Original article by Rachel Eddie
The Age – Page: Online : 26-Jul-23

The Victorian government is under scrutiny over its plans to proceed with $2bn worth of Commonwealth Games-related infrastructure in regional areas. Premier Daniel Andrews has admitted that the government has not done a cost-benefit analysis of the expenditure on new social and affordable housing and upgraded sports facilities in regions that were to have hosted Games events. He contends that such an analysis is not necessary, as it is "common sense" that an increase in affordable housing is needed in regional Victoria. National Party senator Bridget McKenzie says she is shocked but not surprised that the state government has not undertaken a cost-benefit analysis, adding that the $2bn investment will not be sufficient to address problems in regional Victoria.

CORPORATES
VICTORIA. DEPT OF PREMIER AND CABINET, NATIONAL PARTY OF AUSTRALIA

Airport rail begins within 10 years

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Original article by Adam Carey
The Age – Page: 1 : 23-Nov-17

Victorian Premier Daniel Andrews will tell a meeting of the Victorian Chamber of Commerce and Industry on 23 November that construction of a rail link to Melbourne Airport will begin by 2026. The announcement of the rail link follows a meeting between transport ministers from the Victorian and federal governments on 22 November, with the two governments agreeing to commit $A30 million towards funding a study to determine how best to construct the link.

CORPORATES
VICTORIA. DEPT OF PREMIER AND CABINET, VICTORIAN CHAMBER OF COMMERCE AND INDUSTRY