Will Canberra ever get a “Very Fast Train” (VFT) to Sydney and beyond?
High-speed trains have become somewhat of a running joke in Australian politics, with numerous feasibility studies and proposals submitted over decades.
But has a federal-level change of government revived any glimmer of hope for VFT supporters?
A well-known proponent of rail infrastructure, Prime Minister-elect Anthony Albanese pledged half a billion dollars in January to develop high-speed trains between Sydney and Newcastle.
So are the cost-benefit arguments for high-speed rail improving?
Anna Vidot spoke with UNSW economics professor Richard Holden on the Drive show.