Rail: $20 billion spending, 16,000+ jobs

Representatives from the rail industry came together to meet with Commonwealth ministers to discuss the need for a National Rail Industry Plan for the Benefit of Australia.

“Today is a significant day for the rail industry as we build momentum for a National Rail Industry Plan and meeting with Commonwealth ministers is our first step,” said Danny Broad, chief executive officer of the Australasian Railway Association (ARA).

“The rail industry makes a significant contribution to the Australian economy. Investment in rail by Australian governments will be in the order of $100 billion through to 2030. We are meeting with Commonwealth ministers today to say: we need a plan to coordinate this effort and we need your support.

“Through better coordination and long-term certainty, we can ensure the industry is well positioned to take advantage of all the lessons from the past and position ourselves for the future.

“The Commonwealth Government will be investing $89 billion in naval shipbuilding through to 2055. This investment will be supported by a Naval Shipbuilding Plan. Rail’s contribution to Australia is no less than shipbuilding.

“Next we will be meeting with state and territory governments, as well as opposition representatives to discuss our plan, seeking their support.

“To get this right we really need a combined effort by Commonwealth, state and territory governments, as well as industry support.”

The emphasis of any National Rail Industry Plan will need to include five key areas of focus, Mr Broad said:

  1. Recognising the importance of rail for Australia’s infrastructure development, urban planning and freight movements
  2. Harmonising standards, minimising regulations and maximising economies of scale
  3. Growing the capabilities of individuals and companies
  4. Maximising opportunities for rail companies
  5. Fostering innovation, research and development.”

Federal Government happy to help

Federal Minister for Infrastructure and Transport Darren Chester, together with the Minister for Industry, Innovation and Science, Senator Arthur Sinodinos and the Minister for Urban Infrastructure, Paul Fletcher, met with key rail stakeholders in Canberra to canvas ideas for growing Australia’s rail industry.

Mr Chester said engagement with stakeholders, including business and industry groups, was essential for securing a strong national transport system that meets the needs of our freight and passenger rail task in the future.

“Rail plays a significant role in the productivity of our nation, and I am always keen to hear the views of industry on how we can ensure rail continues to meet the needs of both commuters and industry,” Mr Chester said.

Mr Chester said rail was a core component of the Australian Government $75 billion infrastructure investment program, including a $20 million commitment to examine faster rail.

“Through the 2017-18 Budget, the Australian Government committed $20 billion toward the delivery of rail projects, including the $10 billion National Rail Program, and the $8.4 billion Inland Rail,” he said.

“This significant investment will not only support freight operators and commuters, but also directly invest in the rail industry by providing high-quality — and road-competitive — rail links.

“Industry engagement will continue to play an important role in ensuring we get the policy and investment settings right.”

Mr Chester said supporting the rail industry—including investing in major projects—had the potential to boost national prosperity.

“The Inland Rail will deliver 16,000 direct and indirect jobs at the peak of construction,” he said.

“It will stimulate complementary private sector investments, such as fleet upgrades, new metropolitan and regional terminals and integrated freight precincts.

“I am looking forward to seeing the roll-out of the National Rail Program and projects like Inland Rail, Perth Metronet and the Victorian Regional Rail Package.”


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