The Wire

In the run-up to the May budget and a possible early election, Prime Minister, Malcolm Turnbull has put large-scale infrastructure at the forefront of policy agenda.  He today floated the idea of using a form of tax called value capture to help raise funds for what would be a multi-billion dollar project that could include a high speed rail link between Brisbane, Sydney and Melbourne, as well as, a fast train between the Sydney CBD and the proposed new second airport at Badgerys Creek and similar plans to link Melbourne to its regional neighbour, Shepparton. While the Greens have welcomed the idea and a robust discussion on the issue, the opposition have criticised the plans as light on structure.