Get all your news in one place.
100's of premium titles.
One app.
Start reading

FED:The $180m bill to calculate the Inland Rail blow-out

Consultant firms were paid almost $180 million to estimate the bloated Inland Rail budget, while a departing executive got $317,000 soon before half the freight route was scrapped.

The federal government shelved the Inland Rail route north of Parkes, in central NSW, in early May, amid a budget blow-out of at least $45.6 billion.

That was nearly 10 times the estimated cost put forward in 2015 for the rail corridor, which was originally intended to connect Melbourne and Brisbane.

A budget estimates hearing on Tuesday night was told of generous packages paid to Inland Rail executives, including $317,000 to Nick Miller upon his departure as chief executive in mid-2025.

Taxpayers also footed a bill of more than $179 million over three years for consultants investigating the cost and economics of the project.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.