THE Australian state of Queensland has indicated in its 2016-17 budget, which was published on June 14, that it will invest A$ 634m ($US 478m) over the next eight years to fund the introduction of ETCS, laying the foundation for the delivery of the Cross River Rail project and improving capacity and safety over the Brisbane inner-city rail network.
THE Queensland state government is to introduce legislation to change Queensland Rail (QR) from a government-owned corporation to a statutory authority, which minister for transport Mr Scott Emerson says will lift the performance of the railway network and bring costs under control.
THE future of the proposed Surat Basin Rail (SBR) project in southern Queensland is under a cloud after the consortium charged with building the link failed to act on its notice of intention to acquire land identified for construction of the corridor.
AUSTRALIAN federal government think tank Infrastructure Australia (IA) has released a discussion paper: Australia's Public Infrastructure - Part of the Answer to Removing Infrastructure Deficit which identifies more than $A 100bn ($US 104bn) of government-owned transport assets that could be sold to the private sector.
THE government of the Australian state of Queensland has announced plans to sell approximately half of the shareholding it retained in QR National (QRN) following partial privatisation of the railfreight operator in November 2010.