If this goes through it will run infrastructure in Melbourne a very long way ! Including 90km of rail and stations around Melbourne... and due to start in 2022.
Someone was saying....hmmmm I think it was you Simon! ...that the move to focus on government nfrastructure would potentially shore up the company against falling prey to the boom/bust cycles of mining.
Re this project :
The Government said it would be "the biggest public transport project in Australian history".
http://www.abc.net.au/news/2018-08-28/melbourne-suburban-train-loop-promised-by-labor/10172184
More ...
“the Premier said construction would begin within four years, but the entirety of the new rail “ring” would take decades to finish.”
....
“The plan would also effectively create a twin rail entrance to Melbourne Airport: one built towards Broadmeadows, and the other built to Sunshine and then Werribee.
The $8-13 billion Sunshine route, already being planned by the state and federal governments, would be built first.
....
https://www.heraldsun.com.au/news/v...s/news-story/c8161baccdae27aaa94e36780ebce536
Setting up office in Brisbane is an entirely excellent strategic move ...just a two hour flight from Melbourne !
Bullish Sign? - Bounced off 200 EMA, page-2255
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