Gold Coast Light Rail Stage Three is a step closer, with the Federal Government committing $112 million to extend the tram line from Broadbeach to Burleigh Heads.
Prime Minister Scott Morrison confirmed the funding during an interview with 1029 Hot Tomato’s Flan, Emily Jade and Christo on Monday morning.
“We’ve already committed over $460 million to this project to date on Stages 1 and 2 and we’re putting $112 million into Stage Three,” the Prime Minister said.
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“The Gold Coast is a big and growing city and its going to continue doing that over the next 20 years, which is why it needs this infrastructure to deal with that population growth.”
Mr Morrison says its now up to the Queensland Government to contribute their share to the project.
“We’re calling on the State to come and do their bit as well, like they have on the previous stages,” he said.
“Obviously they’re going to put in the lions share because it’s a State Government project. It’s very rare for Commonwealth Governments to invest in these sort of projects.”
Minister for Transport and Main Roads Mark Bailey says the state wants to see more details before getting too excited about the funding.
“We, certainly from a State Government point of view, want to see the details of the funding,” Mr Bailey told myGC.
“We want to make sure it’s not some election promise, that when you look in the detail it’s actually four or five years away like we saw with the M1 funding from Canberra and it was left to the State Government to do the heavy lifting.”
“But I think it’s a good start.”
Mr Bailey said the the business case that the state is co-funding with the City Council will be completed by the end of the year.
“That will give us the final figure and then on that basis we will go and negotiate with all levels of government to try to come to a funding package,” Mr Bailey said.
A preliminary business case has estimated the cost of building the 6.4km Light Rail extension to be $670 million.