Labor’s $1.2 Billion Light Rail Election Commitment

Urban rail is now shaping up to be the key deciding issue of next month’s Brisbane City Council election with both Labor and Liberal lord mayoral candidates announcing billion dollar urban rail projects for the inner city.

On Sunday, Rod Harding announced his $1.2 billion costed plan for a new light rail line which would link UQ to Newstead.

A potential second stage would go from the CBD, to Suncorp Stadium, out to the Royal Brisbane and Women’s Hospital, down to Woolloongabba and the Princess Alexandra Hospital.

“This was never going to be a single-line project,” he said.

“This is bigger than that – it’s transformational change.”

The proposal entails a similar funding model to the Gold Coast Light Rail which comprised of combined funding from local, state, federal governments as well as the private sector.

Source: News Release, Brisbane Development, 21, February, 2016

https://brisbanedevelopment.com/labors-light-rail-election-commitment/