News

High-speed rail would deliver $48b in benefits: report

PEOPLE living in northern New South Wales would enjoy some of the key benefits from a high-speed railway linking major cities on the east coast.

A study commissioned by Greens Deputy Leader Adam Bandt and authored by former Deloitte partner Naomi Edwards shows the rail link would deliver more than $48 billion in benefits over a 30-year period.

These savings would come in the form of reduced car trips ($31 billion); reduced traffic congestion ($11 billion); fewer road accidents ($4 billion), and; reduced greenhouse gas emissions and pollution ($2.64 billion).

The rail link would also have "unquantified benefits", including a number of positives for regional Australia.

These benefits, described as "regional rebalancing", would come in the form of increased work options, boosting tourism and better access to city health and welfare services, the study found.

It would also make living in the regions, where the cost of living is significantly cheaper, a realistic option for people who want to continue their careers in the cities.

While the research did not focus specifically on northern NSW, Ms Edwards' case study of the Melbourne to Canberra route shows what impact the project would have on regional areas.

Ms Edwards' work projects significant gains for the towns of Albury, Wodonga and Shepparton.

The route recommendations contained in the Federal Government's phase one report, released last year, were used for the research.

While just one short list corridor is being considered for the Melbourne to Canberra route, there are five short-listed options for the routes between Newcastle and Brisbane.

Regardless of the selected route there would likely be stations on the Gold Coast, Far North Coast, Northern Rivers and Mid-North Coast.

The rail link, which is projected to cost anywhere between $60 billion and $108 billion depending on the route, would bring some parts of northern NSW to well within an hour of Brisbane and less than three hours from Sydney.

Brisbane to Sydney would become a three-hour trip (it currently takes about 14 hours), with a further three hours to Melbourne.

The HSR phase two report is due to be released before the end of the year.

"High speed rail's time has come. The government now needs to make a clear financial commitment to taking the next steps towards putting high-speed rail in place," Mr Bandt said.

>>See the Greens' report into High Speed Rail's benefits

>>See the High Speed Rail phase one report

Topics:  adam bandt greens high-speed rail


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Natty and Cam just can't wait to start school

STARTING SCHOOL: Cam Price is getting ready to start prep at Banksia Beach State School this, with his big sister Cayla who will be there to guide the way.

THESE two Preps are keen as mustard to start school tomorrow.

Toxic algae discovered at Bongaree

TOXIC ALGAE: Fisherman Greg Savige was concerned that Blue-Green Algae was on the rise 12 months ago - and now the toxic blooms are back.

Moreton Bay Regional Council has identified the toxic algae.

Local Partners

Lucky possum escapes python that ate its mother

LITTLE Georgie is one lucky possum, plucked from the jaws of death by a couple watching a python eat his mum.

Puppetry of the Penis secrets revealed ahead of show

The famed Puppetry of the Penis is coming to the Sunshine Coast for shows in Noosa and Caloundra.

WARNING: This interview contains adult themes and traces of nuts

Noll meltdown won't affect Gympie Oz Day concert

Shannon Noll

Photo Contributed

Shannon Noll is still expected to perform in Gympie next Thursday

Start the new year with a bang at Woodford

CLOSING CEREMONY: The Fire Event is Woodford Folk Festival's biggest ceremony.

Farewell 2016 with fire at Woodford Folk Festival

Jennifer Aniston wants to return to TV

Jennifer Aniston is desperate to make a return to TV

Madonna hopes for election unity

Madonna hopes Donald Trump's election will "bring people together"

JK Rowling rules out Cursed Child trilogy

JK Rowling has ruled out a 'Cursed Child' movie trilogy

Buckley's chance in psychological thriller

James McAvoy and Betty Buckley in a scene from the movie Split.

Broadway veteran back on big screen with James McAvoy

Daniel MacPherson: acting’s a bit like channel surfing

Australian actor Daniel MacPherson in a scene from the American TV series APB.

THE Aussie export talks about making his mark in the US.

Shopping isn't fun if you can see dead people

Lisa Marie Woodham will be giving readings in Gladstone until Saturday January 21.

Shopping isn't fun if you can see dead people

Stockland's $150m pitch: Build it and they will come

Gladstone Marina. The Gladstone Regional Council offers a range of exciting job opportunities. Photo Contributed: Murray Ware.

Here's why we need to see Stockland upgrade start soon.

By the water's edge

Secure your seachange

HOT PROPERTY: Money to spend on land, buildings

File picture.

Sale, leasing of industrial real estate picks up in Mackay

Collapsed Coast company could owe up to $5 million

Staff, ATO, landlords among those out of pocket.

Ipswich block of dirt sells for $582 a square metre

JUST SOLD: A property on the Brookwater golf course sold for a record-breaking $612,000.

Property smashed 2007 record by close to $100,000

Ready to SELL your property?

Post Your Ad Here!