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Auditors give financial tick to $6.9 billion Cross River Rail project

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Tuesday February 02, 2021

One of Queensland’s largest-ever construction projects remains on budget, as the Palaszczuk government has said all along.

The Cross River Rail project will see a new underground rail link built under the Brisbane River and CBD, and cost taxpayers $5.4 billion (a consortium will fund the remainder under an ongoing contract that will deliver a financial return).

The project has long been controversial, with the Morrison government claiming it was unnecessary, some transport planners saying its passenger benefit would be minimal, and, more recently, the state…



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