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Rail

This Month

Rail infrastructure near Sydney’s Central Station

Taxpayers paid $907m for NSW projects that went nowhere

The Coalition has blasted nearly $1 billion of capital spending on no new infrastructure, but Labor defended its ditching of projects it said were unviable.

An artist’s impression of an Australian high-speed rail line.

Super-fast trains, Melbourne rail loop added to ‘priority’ list

The Albanese government’s controversial Newcastle-Sydney high-speed rail proposal has been added to Infrastructure Australia’s new list of national priority projects.

IFM chairman Cath Bowtell (seated left) signs a memorandum of understanding on behalf of Australian superannuation funds to cooperate with Canadian pension funds on investments, overseen by Canadian prime minister Mark Carney.

IFM Investors wants to pump $10b into Canada

Canadian PM Mark Carney has shown “a real willingness to welcome inbound, like-minded capital”, says IFM’s global head of infrastructure, Kyle Mangini.

February

Jeny Yeung, CEO of Hong Kong’s Mass Transit Railway system

Hong Kong’s metro giant wants to help develop Sydney transport sites

MTR Corporation chief executive Jeny Yeung says running public transit systems and developing the land around stations makes it easier to be sustainable.

Animation of a high-speed train on Australia’s East Coast.

Why the PM’s $93b high-speed rail project will never happen

Australia’s track record of delivering infrastructure bodes poorly for the proposed Sydney-Newcastle high-speed rail line.

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An artist’s impression of the high-speed train between Sydney and Newcastle.

High-speed rail an expensive dream the NSW government won’t pay for

Anthony Albanese’s love of high-speed rail is colliding with indifference from the Minns Government and a new brand of NSW Labor fiscal conservatism

An artist’s impression of the high-speed train between Sydney and Newcastle.

$93b high-speed rail link forecast to hit headwinds

Long tunnels and dodging power utilities near the new Western Sydney airport will create challenges for the proposed fast train from Sydney to Newcastle.

Labor’s right to disconnect laws have so far gone untested after almost two years of operation.

Case to test if it’s OK to call workers after hours about next shift

A national freight operator is resisting a right-to-disconnect case that would bar it from calling staff out of hours to confirm working the following day.

A proposed high-speed rail line from Newcastle to Sydney would have to pass under the Hawkesbury River.

Labor’s $93b high-speed rail hobby horse has no price tag

Taxpayers deserve frankness about whether they may ultimately be forced to pay for an economically unsound project for decades to come.

An artist impression of a high speed train for Australia’s proposed high speed rail network.

High-speed rail for real, or just another episode of Utopia?

Governments have been pledging high-speed rail for almost 50 years. In that time all that has grown is the cost.

The proposed Newcastle-Sydney high-speed rail route is forecast to cost at least $93 billion.

Sydney-Newcastle $93b high-speed rail plan ‘far-fetched’

The assumptions behind the government’s case for a $93 billion high-speed rail line from Newcastle to Sydney have been criticised by a leading academic as unrealistic.

An artist’s impression of a high-speed train running between Sydney and Newcastle.

Australia’s first high-speed rail line ‘shovel ready’ in 2028

The Albanese government has pumped in an extra $230 million of funding to design and plan the 194-kilometre high-speed rail line between Sydney and Newcastle.

Animation of a high-speed train on Australia’s East Coast.

The appealing fantasy of high-speed rail gets real

Anthony Albanese is about to announce another big spending commitment on high-speed rail. The idea is popular – it’s just a shame none of it adds up.

Aurizon CEO Andrew Harding

Aurizon to keep Queensland rail network after review

Aurizon rejected offers for minority stakes rail tracks business because the rail group believes investors will reap higher returns by retaining it.

JPMorgan’s Julian Peck is running point on a sale process for rail freight company Pacific National.

GIP restarts $565m-a-year Pacific National sale; flyers sent

A sale flyer, sent to potential buyers in recent weeks, shows the rail freight group is making close to $600 million in EBITDA.

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January

LVMH’s Belmond blames Carlyle unit for fatal Machu Picchu train crash

In a letter to the office of the prime minister, it said Inca Rail had transited through an unauthorised part of the tracks, leading to the head-on collision.

December 2025

Premier Jacinta Allan inspects the cutterhead of a tunnel boring machine in Heartherton on Thursday.

Victoria’s AA credit at risk under rail loop funding plan: S&P

The agency had already singled out the SRL as a big risk when it reaffirmed Victoria’s AA credit rating in July, saying there was a danger of cost blowouts.

Premier Jacinta Allan made the announcement at an SRL construction site in Heatherton on Thursday.

Developers to be taxed $34k for each new home near Melbourne rail loop

Jacinta Allan has unveiled new levies on dwellings in the transport precinct to help pay for the $34.5 billion first stage of the mega infrastructure project.

Jacinta Allan insists her government can increase spending while still reining in debt, which is projected to hit $194 billion by 2029.

Former Victorian auditor warns on federal bailout

The auditor who examined Victoria’s debt-laden finances during the 1990s warns the state appears on track for another bailout.

Premier Jacinta Allan at the Suburban Rail Loop site in Burwood the day after the federal election.

Albanese government to stump up $10b for Victorian rail loop

The Allan government will sign a mammoth new contract to build and operate the Suburban Rail Loop after the federal government pitched in with funds.