Perth MetroRail cost blow out

<p>The costs of Perth’s signature MetroRail project have blown out by $100m, the Western Australian Government has confirmed.</p> <p>State planning and infrastructure minister Alannah MacTiernan said the south-west suburban component of the project has risen to $1.059bn &#8211 an increase of about 7% on the total project costs.</p> <p>"Any increase in cost is a concern, but this project is affordable, achievable and will transform our city and rapidly growing outer suburbs with a world-class transport system," Ms MacTiernan said.</p> <p>"In fact we cannot afford not to build it."</p> <p>The government said the entire project represents just 9% of the total capital works budget over the next five years.</p> <p>The additional costs are to be funded from new borrowings. </p> <br />