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



Foodies' scavenger hunt: are you up for it?

IF YOU want to give your tastebuds the flavour sensations of a lifetime, here is the ultimate foodie’s scavenger hunt through Brisbane.

5 minutes with Israel Folau on footy, life and love

Israel Folau and Silver Fern netballer Maria Tutaia announced their engagement last last year.

WE CAUGHT up with football star and Brisbane ex-pat Israel Folau.

10 reasons to head to South Bank this summer

Head to the only inner-city beach in Australia!

South Bank has a ridiculous amount of fun things to do.

Five mammoth events you need in your life

No Caption

BRISBANE isn’t known for doing things by halves…

How to make your child's every dream come true...

Take a dip at South Bank in the inner-city beach.

‘I DON’T want to do fun things, Mum and Dad’… said no child ever!

How to do Eat Street the right way

Know where to start and where to end to avoid a huge food coma before you get to experience all the goodies!

EVERY Friday and Saturday night, Hamilton comes alive.

You can do WHAT in Brisbane?!

Talk about arriving in style! Take your pub crawl to the next level with a helicopter!

BET you didn't know you could do these things in Brisbane...

The cheap local servo drivers cross town for

KEEPING IT LOCAL: Liberty Service Station, Bargara.

Owners pride themselves on "keeping it local”

Mammino Ice Cream creator joyful to the end

THE FUN ONE: Anthony Mammino, pictured on his macadamia farm, was "always encouraging mischief”.

Family opens up on ice cream creator's lymphoma battle

OUR SAY: 1am lockout laws not the answer to pub violence

Often the drinking starts well before the club or hotel.

Mandatory scanning at clubs and last drinks laws better option

Local Partners

Kristen Stewart to host SNL

Kristen Stewart will host a pre-Super Bowl episode of SNL next month

Louis Tomlinson celebrated his son's first birthday

Louis Tomlinson and Briana Jungwirth celebrate son's first birthday

Kylie Minogue will take husband's name

Kylie Minogue will take her fiancé Joshua Sasse's surname

Nicole reveals her biggest parenting challenges

Actress Nicole Kidman.

Nicole Kidman says her kids are ‘deeply attuned' to her moods.

Suicide Squad director reveals his regrets about the film

Margot Robbie in a scene from the movie Suicide Squad.

DIRECTOR of superhero flick on what he’d change about ‘flawed’ film.

Meet the new Marco on MasterChef Australia: Yotam Ottolenghi

Israeli-born, London-based chef Yotam Ottolenghi will be a guest chef for a week on the 2017 season of MasterChef Australia.

AFTER Marco’s defection to Seven, MasterChef signs a true food hero.

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.

New Coastline Realty owners have wealth of experience

COASTLINE REALTY: Emma Bauer and Charlie Winten.

Passion, strong local knowledge and a commitment to the local region

Bundaberg market set for "steady growth” in 2017

CoreLogic property statistics reveal the region's median house price dropped 9.6% to $249,000 and the median unit price fell 10.2% to $260,500 in the September quarter.

Region's median house price drops 9.6% to $249,000 in three months

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

Ready to SELL your property?

Post Your Ad Here!