Metro Tunnel blowout as costs soar to $15.5bn

The cost of Melbourne’s Metro Tunnel is set to hurtle past $15.5bn under a deal for builders and taxpayers to share the pain of fresh blowouts — and sources say the project’s final price tag could rise even further.

Why is the taxpayer having to provide more money for this project. It looks like the builders of the new network should have taken the risk on that is why they are subcontracted.

One thought on “Metro Tunnel blowout as costs soar to $15.5bn

  1. Id the Metro Tunnel is now costing $15.5b and is entirely underground in construction how on earth is a 12km airport rail line above ground in an existing easement (most of the journey) costing $12b?

    Who is stealing the money?

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