The Federal Government has announced $78.8 million in funding to support the delivery of the initial Sydney to Newcastle high-speed rail business case in New South Wales.
Once complete, the project will deliver a new, high-speed rail network on Australia’s east coast, transforming travel between cities and boosting economic development in regional areas.
The business case will include considerations such as the proposed alignment, station location, type of trains to be used and also the expected cost and timeframe for construction.
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The Federal Government allocated $500 million to the early stages of developing high-speed rail its recent Federal Budget. This funding includes as business case works.
The business case is expected to be delivered by the end of this year.
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