The Turnbull Government must commit funding to Brisbane’s Cross River Rail, which is an essential project to reduce congestion in this growing city.
The Coalition Government cut Federal funding for this project in their 2014 Budget.
This critical infrastructure project will add a much-needed second rail crossing of the Brisbane River in the city’s CBD.
The existing Merivale Bridge will reach full capacity within five years.
The resulting bottleneck will constrain economic growth in the nation’s third largest city.
In 2013 the former Labor Federal Government committed funding to Cross River Rail, after the independent Infrastructure Australia rated it ready to proceed.
But the incoming Coalition Government cancelled that investment, along with all Commonwealth investment in public transport that was not already under construction.
In the 2016 election, Federal Labor committed to support the project but the Coalition has provided no funding.
It’s time the Prime Minister took practical action to support public transport and reduce congestion in our cities.
Infrastructure Australia warned earlier this year that traffic congestion would cost the nation $53 billion a year in lost productivity without government action now.
The clock is ticking on Cross River Rail.
It’s time to get on with it.