Good news for Queensland ahead of State Budget: RACQ

The Palaszczuk Government is set to announce it will add an extra $2 billion towards the vital Cross River Rail project, when it hands down its Budget today.

The Courier Mail reported the State Government’s contribution would sit at a total of almost $3 billion, but was still short $2.5 billion to build the inner-city Brisbane rail link between Dutton Park and Bowen Hills.

The Government has indicated it would still welcome future Federal and private contributions, but was willing to fund the project alone.

RACQ’s Paul Turner said the Club was concerned about how the project would progress without adequate funding.

“We are disappointed the project is only half funded and we need a clear understanding of how and where the Government will locate the additional $2.5 billion,” Mr Turner said.

“We need to get a move on with Cross River Rail, as it’s going to be vital to provide a viable alternative to using cars in our ever-growing CBD.”

Mr Turner said today’s Budget would also include capping future rises in vehicle registration costs to inflation, which was a small win for motorists.

“We’d like to see the State Government go one step further and freeze rego costs for the next three years,” Mr Turner said.

“We’ve seen rego costs increase by more than 10 percent in the past three years, which is well above inflation.

“Queenslanders are paying too much and a freeze would bring us back into line with other states.”