NewsBite

Victoria’s $14b Metro Tunnel has been delayed and will cost more

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Victoria’s $14 billion Metro Tunnel has been delayed and taxpayers will be left on the hook, the state’s auditor-general has warned.

There is insufficient contingency funding to finish the Metro Tunnel – which was originally expected to cost $10.9 billion when announced in 2016 – because of a nine-month delay, a report tabled in state parliament on Thursday by Victorian Auditor-General Andrew Greaves revealed.

Loading...
Gus McCubbing is a journalist at the Australian Financial Review in Melbourne. Connect with Gus on Twitter. Email Gus at gus.mccubbing@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Politics

Fetching latest articles

Most Viewed In Politics

    Original URL: https://www.afr.com/politics/victoria-s-metro-tunnel-has-been-delayed-and-will-cost-more-20240618-p5jmni