The Turnbull government will help fund inland rail and is almost certain to build, own and operate the $6 billion second Sydney airport, after Treasurer Scott Morrison paved the way for an infrastructure splurge by changing the way debt will be classified in the budget.
Prime Minister Malcolm Turnbull all but confirmed that so-called “good debt” would be accrued to help build the much-vaunted inland rail link between Melbourne and Brisbane. Sources confirmed the government would enter the $10 billion venture with the private sector.
On Thursday, the Prime Minister said the rail link was ” a very high priority”.
“You can join the dots,” he said, when questioned how this related to Mr Morrison’s announcement.
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Read the full article at: http://www.afr.com/news/politics/govt-set-to-build-airport-rail-link-with-good-debt-20170426-gvtcmy
