Air­port’s rail link hits $15b

The Northern Star - - NATION -

HIGH-SPEED trains would get trav­ellers from Mel­bourne’s CBD to the air­port in just 20 min­utes through a 7km sub­way un­der a proposal backed by a multi-bil­lion-dol­lar su­per­an­nu­a­tion fund.

The AirRail Mel­bourne con­sor­tium, made up of IFM In­vestors, Mel­bourne Air­port, Metro Trains and South­ern Cross Sta­tion, would match the $5 bil­lion com­mit­ments made by both the Vic­to­rian and fed­eral gov­ern­ments, tak­ing the project to $15 bil­lion.

Con­struc­tion un­der this plan would start early, in 2020 rather than the al­ready flagged 2022.

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