Victoria’s transport infrastructure minister says the independent budget watchdog’s estimate for how much it will cost to build the second stage of the Suburban Rail Loop is wrong – but he refused to reveal how much the government thinks the project will cost.
The PBO put the total cost of running the first two stages at $216.7 billion by 2084, if 50 years of operating costs were considered. Hayward said tallying operational costs for 50 years was misleading, particularly without discounting inflation.
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