The SRL Business and Investment Case outlines the critical need to future-proof Melbourne for growth in the decades ahead by investing in orbital rail and increasing housing choice. The Business and Investment Case shows the benefits outweigh the costs, with a Benefit Cost Ratio range of 1.1 to 1.7.
SRL is a project of national significance and will be funded through a range of funding streams, including Victorian Government contributions, Federal Government contributions and a mix of value capture opportunities.
The total expected cost of SRL East is $33.32 billion, with a further independent review of SRL targeting further savings.