Wednesday, 12 April 2023

Australia news live: cost of Sydney metro blows out to $20bn; jobs figures tipped to remain strong

NSW’s new Labor government briefed that cost has risen by $8bn; 25,000 jobs forecast to have been added in March. Follow all the day’s news

The price tag of a new metro line being built through Sydney’s CBD and south-west has blown out to more than $20bn, about $8bn more than initially planned.

The new Minns Labor government in New South Wales has said that departmental briefings it requested since winning the election at the end of May have revealed the cost blow out.

Every day, we are asking more about the Sydney Metro and discovering more key details the former government did not reveal to the public.

We are being upfront and honest about the challenges we are inheriting. We’re not interested in assigning blame, we’re interested in finding solutions. The best way to do that is to be upfront and honest with the people of NSW about the true cost of these projects.

The royal commission into robodebt has put on full display the unfettered cruelty with which debt collection agencies were unleashed against vulnerable Australians. We cannot let this happen again.

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from World news | The Guardian https://ift.tt/IRhpEMx

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