Finding tomorrow’s hot property, TODAY

Inland Rail Moves Step Closer

The Federal Government has begun to establish the various entities required to help speed up the delivery of the Inland Rail project.

It announced this week that it will separate its governance and delivery arrangements from the Australian Rail Track Corporation’s (ARTC’s) day-to-day operations.

A new subsidiary, Inland Rail Pty Ltd, will govern the delivery of the project which is designed to meet Australia’s growing freight requirements.

It is anticipated the section between Beveridge in Victoria and Parkes in NSW will be completed by 2027.

Work started on the project in Victoria in February 2023, with construction now underway in two of the three states through which the route will run.

An independent review of the project was started in October 2022, with its recommendations handed down in April 2023.

The review addressed issues that the project was facing significant delays and cost pressures.

One of the recommendations was that enhanced governance arrangements and appropriate environmental approval processes be put in place.


Subscribe to our newsletter today and receive a FREE copy of How To Identify Hotspots