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Blast for cost estimate for Suburban Rail Loop, as infrastructure body cites need for ‘exit strategy’

  • Australia's independent Infrastructure Australia has questioned Victoria's Suburban Rail Loop project's future and recommended updated budget estimates before further funding is committed.
  • The first stage of the Suburban Rail Loop is estimated to cost at least $34.5 billion, with a $9.3 billion funding gap that Victoria hopes the federal government will fill.
  • Infrastructure Australia called the economic outcomes of the Suburban Rail Loop East and North 'overstated' and noted significant risks related to funding through value capture mechanisms.
  • Construction on the Suburban Rail Loop East began in 2022, aiming to create 8,000 jobs, with trains expected to run by 2035.
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Rail Express broke the news in on Wednesday, March 19, 2025.
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