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

Man caught up in gun and drug bust escapes jail

Duck also returned a positive road-side drug test for amphetamines

Driver claims privilege during cyclist death inquest

Ian Jensen died when he was hit by a truck while riding his bike.

Cyclist death investigated by Coroner

Diverting the Burnett River to Elliott Heads?

FLOOD PLANS: Locals look at the options available at the North Bundaberg Progress Hall.

Residents can now have their say on $11 billion worth of options

Local Partners

Calendar sales help community

A JOINT project between two Bundaberg groups will bring benefits to the entire community.

Queensland's oldest pipe band needs your support

ALL THINGS CELTIC: The Bundaberg Caledonian Pipe Band is coming to the Moncrieff.

"Keep Bundaberg's Scottish band entertaining for many more years”

Space station to grace Rockhampton skies tonight

In this picture taken from NASA's International Space Station from April 2015, the SpaceX Dragon is captured with the 57.7-foot-long Canadarm2 robotic arm before its installation to the Harmony module.

Six minute window to see space station tonight

Community garden set for Palmwoods

Kay Nixon at the Palmwoods Community Gardens will be hosting a launch day and inviting the ecommunity to come along and sign up.

Parcel of land to supply sustainable gardening for community

Queensland's oldest pipe band needs your support

ALL THINGS CELTIC: The Bundaberg Caledonian Pipe Band is coming to the Moncrieff.

"Keep Bundaberg's Scottish band entertaining for many more years”

The Bachelor contestants find love with each other

Former Bachelor contestants Megan Marx and Tiffany Scanlon have confirmed their relationship on social media.

MEGAN Marx and Tiffany Scanlon confirm relationship on Instagram.

Liam Payne wants to wed Cheryl Fernandez-Versini

Cheryl Fernandez-Versini and Liam Payne

Liam Payne reportedly wants to marry Cheryl Fernandez-Versini

Bindi Irwin 'honoured' to make MAXIM HOT 100 list

Wildlife Warrior named among Australia's most beautiful women

Len Wiseman files for divorce from Kate Beckinsale

Kate Beckinsale

Len Wiseman has filed for divorce from Kate Beckinsale

Tough times in CBD: Woolies says goodbye Ipswich

Woolworths in the Ipswich Mall.Photo: Rob Williams / The Queensland Times

The last day of trading will be January 1

Look at me! Kath and Kim home up for sale

Kath and Kim from the iconic Aussie TV series.

'Crack open the Baileys and grab a box of BBQ Shapes'

How to fit 100,000 new homes on the Coast

Property, real estate, housing, suburb,  August 2016

Fitting 2m extra people in south-east Qld in 25 years a balance

Hinterland horse stud passed in for $8.25 million

UNREAL: This Maleny estate is incredible.

12-bedroom hinterland horse stud still available

Hit songwriter's Noosa mansion on market

SPECIAL PLACE: The Cintamani estate is going to tender, marketed by Tom Offermann Real Estate.

Is this Queensland's best property?

Kiwi siblings snap up Dotcom mansion for $32.5m

The new toy company owners of the Coatesville mansion want replace any controversy with positivity and fun. Photo / Barfoot and Thompson

The trio paid $32.5 million for the property in June