Value capture proposal not the silver bullet for high speed rail

2017-02-08

The Greens have warned that a Parliamentary Committee’s support for value capture for high speed rail along Australia’s east coast is fraught with danger.

“High speed rail is going to be one of the biggest infrastructure projects in our history. We have to get it right, and not have the project twisted just because it suits the interests of a select few money-hungry developers,” said the Australian Greens transport and infrastructure spokesperson Senator Janet Rice.

“While value capture can play a part in building high speed rail, it cannot replace the indispensable role of government. 

“Australia and Antarctica are now the only continents without high speed rail. We need serious government commitment to catch up to the rest of the world.”

 

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Media Release Transport and Infrastructure