Inland Rail to boost regional Australia by $13.3b

Regional communities across Australia are set to benefit from $13.3 billion in gross regional product due to the Inland Rail project.

According to an eight month study by EY, Inland Rail can add up to $13 billion in today’s terms to the value of goods and services produced over its first 50 years of operation.

The report was undertaken throughout 2019 and released by the Deputy Prime Minister in March 2020. The report builds on the projected 16,000 jobs and $16 billion boost to the national economy outlined in the 2015 Inland Rail Business Case

Michael McCormack, Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development said Inland Rail is going to draw industry to regional Australia where the enhanced freight rail network will connect companies and consumers both domestically and internationally

“What the EY report is assessing is the additional benefit to communities from the opportunities that arise for local businesses and people from the completion of Inland Rail,” he said.

“For example, it might be a cereal manufacturer whose freight costs drop by 30 per cent allowing the employment of additional staff, or it might be the expansion of regional processing that takes advantage of Inland Rail’s lower cost and greater capacity and connectivity.”

EY looked at case studies, international examples, and local knowledge to determine the potential for investment, employment and growth along, and beyond, the alignment.

“The benefits of this project are going to be felt across generations. Right now, young people from regional areas are directly benefiting from working on Inland Rail’s construction including the 656 locals who have worked on the project in the Parkes region and the more than $75 million spent with local businesses,” he said.

“Inland Rail gives these communities new ways to grow and rebuild with better connections to interstate and international markets, new jobs and a stronger case for attracting public and private investment,” he said.

Mathias Cormann, Finance Minister said the first wave of developments are taking shape.

“We are very confident that many other regional towns in and around the Inland Rail corridor will secure further significant investment, development and job creation opportunities for their towns on the back of this exciting project,” Cormann said.

The Department of Infrastructure, Transport, Regional Development and Communication said in a statement that this work was tested with industry, governments, and communities with the study team heading to Narrabri, Toowoomba, Wagga Wagga, and Wodonga to get people’s views. 

That input shaped the forecasting and tested the study’s early findings. 

“We thank the communities, industry groups and local government who helped shape this work with local data and evidence,” the department stated.

The report followed another week of speculation on the impact of flooding on the regional rail link’s route via the Condamine floodplain. Shadow Member for Infrastructure, Transport, and Regional Development Catherine King said that the government needs to consider hydrological modelling commissioned by farmers close to the alignment.

The Australian Rail Track Corporation (ARTC) released a statement standing by its own modelling, which it said showed that the selected route is the right one.

“The science tells us there is no premise to change the route based on flood modelling and the economics tells us that this route was the most viable, cost effective option,” said ARTC Inland Rail chief executive Richard Wankmuller.

Local concerns have been incorporated into the design of the route, said Wankmuller.

“It’s important governments and the community have confidence in the engineering and science that allows countries like Australia to deliver world-class infrastructure.”

As part of the deal signed between the federal and Queensland governments which gave the Border to Gowrie section the go-ahead, an international review panel will review the floodplain modelling.

Inland Rail to meet with community in regional NSW

Members of the community have the chance to learn more about the progress of planning for Inland Rail between Narromine to Narrabri (N2N).

Local community members, landowners, and businesses will be able to engage with the Australian Rail Track Corporation (ARTC) throughout five community sessions being hosted by Inland Rail across the alignment between March 9 and 13.

Inland Rail will share more about the work conducted to date to refine the proposed N2N route.

Rebecca Pickering, ARTC Inland Rail director community and environment said work is happening to help inform the build for the 300KM of new track.

“Our work to date to progress the future alignment between Narromine to Narrabri has included more than 12 months of engagement with the community, environmental and hydrology studies, and early engineering design work,” she said.

“Through these methods we have been able to refine the alignment study area from between 2-5 kilometres wide to around 150 metres to 400 metres wide.”

Pickering said the aim of the community drop-in sessions are to understand more about the environmental planning and consultation work and learn about the future opportunities for the community.

“Community consultation and engagement is vital to the success of Inland Rail. We are committed to leaving a positive legacy by ensuring the community benefits from the project through initiatives like jobs and local spend during the construction phase, the Community Sponsorships and Donations program and training and support of local businesses,” she said.

“Large-scale infrastructure projects such as Inland Rail are a catalyst for growth — they boost economic development and investment, bring jobs and opportunities to local businesses and communities, a hopefully welcome boost in challenging times of drought.”

Afternoon and evening sessions will be held between March 9 and 13 in Narrabri, Barradine, Gilganda, Curban and Narromine.

“This will provide an opportunity for everyone to stay informed and updated on the progress of the alignment to date. No registration is required for these sessions,” Pickering said.