The Inland Rail Project Learning the Lessons of the Past Building a Railway for the Future Rail, Tram and Bus Union Submission to the Senate Standing Committee on Rural and Regional Affairs and Transport Inquiry into the Management of the Inland Rail project by the Australian Rail Track Corporation and the Commonwealth Government November 2019 For further information, please contact the RTBU National Office on (02) 8203 6099 or
[email protected] 1 Table of Contents EXECUTIVE SUMMARY ..................................................................................................... 3 INTRODUCTION ............................................................................................................... 4 Incremental Approach.............................................................................................................. 4 STATE OF PLAY ................................................................................................................ 5 Flawed assumptions................................................................................................................. 5 Construction in Existing Corridors ..................................................................................................................5 Optimism Bias .................................................................................................................................................5 Equity Financing and Public Private Partnership (PPP) ..................................................................................6