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waste QLD STATE Department of Transport and Main Roads
$3.1B

Logan & Gold Coast Faster Rail: $3.1 Billion Blowout

The Logan and Gold Coast Faster Rail project blew out from $2.95 billion to $5.75 billion — a $3.1 billion increase. Originally a 50:50 federal-state funded project announced November 2022, the total cost nearly doubled before construction began.

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What This Means

$3.1B of Australian taxpayer money was wasted at Department of Transport and Main Roads. The Logan and Gold Coast Faster Rail project blew out from $2.95 billion to $5.75 billion — a $3.1 billion increase. Originally a 50:50 federal-state funded project announced November 2022, the total cost nearly doubled before construction began.

Spread across Australia's 10.8 million households, that's roughly $287 per family — enough in total for funding roughly 26 public hospitals for a full year.

  • The Logan and Gold Coast Faster Rail project blew out from $2.95 billion to $5.75 billion — a $3.1 billion increase.
  • Originally a 50:50 federal-state funded project announced November 2022, the total cost nearly doubled before construction began.
Amount Spent
$5,750,000,000
Original Estimate
$2,950,000,000
Waste / Overrun
$3,100,000,000
Cost Overrun
95%

Analysis

Category: waste
Severity: critical
Agency: Department of Transport and Main Roads
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