Former Labor federal MP Neil O’Keefe claims that Victoria cannot afford not to build the $200 billion Suburban Rail Loop (SRL), given the state’s population is projected to double:
“The Suburban Rail Loop, though already ballooning in cost, speaks to the real issue our state is facing: if we are settled on the plan to double Victoria’s population by 2050 while simultaneously ending urban sprawl in Melbourne (good luck with that), we need more infrastructure, and rail in particular, to do so”.
“Without that, it’s just more roads to nowhere, endless car parks and drivers spending hundreds of dollars on toll roads. Bottom line – the SRL has to be built”…
“Unless we adopt a different growth model, we remain stuck with having to increase our population – mainly by immigration – to avoid a fall in living standards”.
It is true that Victoria’s population is projected to balloon courtesy of permanently high levels of net overseas migration:
However, there is no evidence that the SRL is a satisfactory use of funds, given that it fails any objective cost-benefit analysis and will swallow the state’s infrastructure budget for decades, thereby starving growth areas of funding.
Moreover, the $200 billion SRL and other mega-projects should be considered direct costs of mass immigration because they wouldn’t be required if net overseas migration was lowered to sensible, sustainable levels and the population was stabilised.
O’Keefe’s claim that we need to maintain high immigration “to avoid a fall in living standards” is also nonsensical, given that we have experienced 20 years of extreme immigration and living standards have unambiguously deteriorated.
Roads and public transport are choked, there are shortages of hospital beds, chronic ambulance ramping, and chronic housing shortages.
Victorian taxpayers have also been buried in debt despite the state government selling off everything that isn’t bolted down.
Extreme immigration-driven population growth is literally destroying living standards in Victoria.
MacroBusiness
Labor federal MP Neil O’Keefe say it all…..for whom? He and stakeholders loss would be minimal compared to the tax payers forking out the blow out for generations they don’t cut the cancer of blow out by cancelling these out of touch MP doesn’t care as going be footed via taxpayers anyway!
The cutting the contract means penalties a minimal pain like a certain freeway that was promised with funding years ago but cancelled $ not to seen again but this will on going pain for years to come and generations after! ….I do believe people in the industry warned the government officials in charge SRL about the issues of hospital equipment disruptions and no business case BUT they still said, stuff you we’ll build it whatever you want it or not!
Do this in private sector and you’ll be fired and jailed for the same thing I guess!