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Melbourne's Suburban Rail Loop project has been a financial saga with many twists and turns. Photo: Penny Stephens/AAP PHOTOS
ELECTION

The long and winding track of the Suburban Rail Loop

14 hours ago

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Politicians, and parties, have been warring over Melbourne's Suburban Rail Loop since the 90km orbital rail line was...

Melbourne's Suburban Rail Loop project has been a financial saga with many twists and turns. Photo: Penny Stephens/AAP PHOTOS
Melbourne's Suburban Rail Loop project has been a financial saga with many twists and turns. Photo: Penny Stephens/AAP PHOTOS

SUBURBAN RAIL LOOP - MOMENTS THAT MATTERED SO FAR:

* August 28, 2018 - Victorian premier Daniel Andrews announces plan to build Suburban Rail Loop, which transport infrastructure minister Jacinta Allan says will cost $50 billion

* November 24, 2018 - Mr Andrews steers Labor to thumping election victory, known as the "Danslide"

* May 12, 2019 - Bill Shorten pledges $10 billion to the project if Labor wins next federal election

* May 18, 2019 - federal Labor loses election, with Scott Morrison remaining prime minister

* September 3, 2019 - Victorian government announces it will create a dedicated authority to oversee the project

* June 22, 2020 - Ms Allan adds new title of minister for the Suburban Rail Loop

The massive rail project's ongoing dramas have so far outlasted two Victorian premiers. (Diego Fedele/AAP PHOTOS)
The massive rail project's ongoing dramas have so far outlasted two Victorian premiers. (Diego Fedele/AAP PHOTOS)

* November 16, 2020 - Mr Andrews announces state budget will include $2.2 billion for early works

* August 19, 2021 - a business case estimates the project's east section, also known as SRL East, will cost between $30 billion and $34.5 billion and be built by 2035 - the northern section is expected to be built by 2056

* May 10, 2022 - Anthony Albanese pledges an "initial commitment" of $2.2 billion to the project under a federal Labor government

* May 22, 2022 - Labor wins federal election

* Mid-2022 - early works begin

* August 17, 2022 - Victorian opposition leader Matthew Guy promises to shelve the project and redirect money to fix state's health system if coalition wins state election

* August 18, 2022 - Victoria's independent Parliamentary Budget Office estimates cost of building the first two stages of the project could be $125 billion

Successive federal Labor leaders backed their Victorian counterparts' ambitious rail plans. (Penny Stephens/AAP PHOTOS)
Successive federal Labor leaders backed their Victorian counterparts' ambitious rail plans. (Penny Stephens/AAP PHOTOS)

* November 26, 2022 - Victorian Labor returned to government for a third term with an increased majority

* September 27, 2023 - Ms Allan replaces Daniel Andrews as premier

* December 6, 2023 - A report by Victorian ombudsman Deborah Glass finds SRL was conceived by a single executive and handled by private consultants under a veil of secrecy

* December 12, 2023 - first tunnelling contract, worth $3.6 billion, awarded for 16km eastern section between Cheltenham and Box Hill

* March 13, 2024 - budget office analysis revises construction costs for eastern and northern sections to $96 billion

* November 10, 2024 - second tunnelling contract, worth $1.7 billion, awarded for 10km section between Glen Waverley and Box Hill

* February 3, 2025 - Federal Liberal leader Peter Dutton says the project has turned into a "cruel hoax"

Victorian Premier Ben Carroll has announced changes to the scope of Suburban Rail Loop East. (Joel Carrett/AAP PHOTOS)
Victorian Premier Ben Carroll has announced changes to the scope of Suburban Rail Loop East. (Joel Carrett/AAP PHOTOS)

* March 22, 2025 - Infrastructure Australia says it has "low confidence" in SRL East's cost estimate and argues economic benefits for the first two sections have been "overstated"

* April 1, 2025 - Mr Dutton announces he will cancel federal funding and spend it on Melbourne Airport Rail if elected

* May 3, 2025 - coalition suffers a crushing federal election defeat to Labor

* May 8, 2026 - Treasurer Jim Chalmers announces an extra $3.8 billion will be set aside for the project in the federal budget

* July 28, 2026 - Ms Allan resigns as premier following an internal revolt, with Ben Carroll appointed replacement and foreshadowing a project rethink

* August 25, 2026 - Mr Carroll announces SRL East scope changes and a technical review to find $2 billion in savings, while coalition continues to promise to pause and review project if elected in November

Australian Associated Press

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Aug 25, 2026 5:33 AM

14 hours ago