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Breaking: Fares secretly hiked to fund Suburban Rail Loop, Auditor-General finds

World 1 source 1 country 🔦 Under-reported 28m ago

The Victorian Auditor-General's Office has revealed that the state government secretly increased public transport fares through an undisclosed new levy scheduled to take effect at the start of 2025. According to the findings, the revenue generated from these higher fares was intended to help fund the Suburban Rail Loop project.

The discovery brings to light a previously unannounced financial mechanism affecting Victorian commuters, highlighting transparency issues regarding how the major transport infrastructure project is being financed.

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Read the full story at the source ABC News (AU) · AU
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