A federal parliamentary committee has called for the immediate development of a value capture mechanism to recoup the costs of rail infrastructure, particularly faster rail.
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Value capture mechanism proposed for Western Sydney Airport line
The NSW government has introduced a draft value capture mechanism on development near two stations on the Sydney Metro – Western Sydney Airport Line.
The Station Precinct charge is in addition to a wider Special Infrastructure Contribution (SIC) plan for the Western Sydney Aerotropolis that has been released for public comment.
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Planning process accelerates over a billion dollars of NSW rail projects
NSW Planning Minister Rob Stokes is accelerating three major rail projects as well as development above the new Crows Nest Metro Station and around the CBD and South East Light Rail.
Stokes said that moving
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Development approved for Victoria Cross metro station
The NSW government has approved the development above the future Victoria Cross metro station in North Sydney.
The
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