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high speed rail – property development

Mr Alexander suggested property in Goulburn now worth $200,000 could be worth $600,000 if it were just a 30 minute train ride from the Sydney CBD

Previous efforts under Labor to investigate the cost of a high speed rail link between Melbourne and Brisbane found the bill to taxpayers could be as high as $114 billion.

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Read more: http://www.smh.com.au/federal-politics/political-news/the-real-point-of-high-speed-rail-property-development-20160411-go3gxj.html#ixzz45ZZRq7uf

The shinkensen is a huge success in Japan with a population of 120 million in the space of the Sydney – Melbourne corridor.
However, with a population of 28 million spread over the length and breadth of Australia, methinks we have a long way to go.

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