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Visit the $220 million per kilometre: Sydney to Newcastle rail line rejig to burn cash
A fresh NSW transport leak reveals that the decision to shut down the last two kilometres of the Sydney to Newcastle railway line was taken before costing the light rail replacement and without an assessment of costs and benefits.
The cabinet-in-confidence report, prepared after the decision to close the line, refers to the decision as a “sunk cost” estimated at about $200 million.
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