Funding for Fast Rail Business Case
The Property Council of Australia welcomed the Federal Government’s announcement of funding for a new business case for fast rail between Sydney to Wollongong. With rail connectivity being key to the future growth and economic development of the Illawarra, it is a vital step towards illustrating the economic and social benefits of faster rail for the region.
The Illawarra with Wollongong at its centre is the third largest economy in NSW and is fast becoming one of the most popular regions to live, work and play. Faster rail could be a game changer for our region, especially in relation to the new Western Sydney Airport and Aerotropolis.
Following on from last year’s announcement from the NSW Government to investigate faster travel times between the regions and Sydney, we believe that both the State and Federal Government should work together to deliver the right transport investment and infrastructure for our region to ensure our continued growth and prosperity.
Read more on the business case here.