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Behind the PM’s $3b ‘bailout’ of Victoria’s most expensive road

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Transport experts blame a $10 billion blowout in Victoria’s North East Link on costly CFMEU disruptions, a failed tender process and expensive design decisions that pander to environmental and community groups.

Prime Minister Anthony Albanese has said $3.2 billion in Tuesday’s federal budget would be directed to the “great project”, increasing the federal funding to $5 billion, for the $26.1 billion toll road, which is on track to become the most expensive in Victoria’s history.

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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
David Marin-Guzman writes about industrial relations, workplace, policy and leadership from Sydney. Connect with David on Twitter. Email David at david.marin-guzman@afr.com
Gus McCubbing is a journalist at the Australian Financial Review in Melbourne. Connect with Gus on Twitter. Email Gus at gus.mccubbing@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/behind-the-pm-s-3b-bailout-of-victoria-s-most-expensive-road-20240509-p5jb55