Federal Treasurer Jim Chalmers has tipped in an extra $432 million – matching Queensland’s share – as the cost of stage one of the Loganholme to Gold Coast “second M1” project soars by an extra $864 million to $3.02 billion.
The Pacific Motorway or M1 – is one of Queensland’s busiest roads carrying more than 210,000 vehicles each day. Chalmers, state Treasurer Cameron Dick, state Housing Minister Meaghan Scanlon and Queensland senator Murray Watt inspected the site of the new one-kilometre Coomera River Bridge being built opposite the new Hope Island rail station.
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