Northwest rail project - Coalition’s M2 compo clause bungle
Saturday, February 27th, 2010Commenting on the clause in the M2 motorway contract that could result in compensation being paid to operator, Transurban, Greens MP and transport spokesperson Lee Rhiannon said the northwest rail line is an essential piece of infrastructure that should be fast tracked not held up because of a poor decision by the Coalition when they were in government.
“The former Coalition government in the early 1990s should never have agreed to the clause in the M2 contract that allows the motorway operators to claim compensation if their profits are impacted by a nearby public transport project,” Ms Rhiannon said.
“If the NSW government has to pay compensation because of a poor motorway decision by a previous Coalition government that should not be used as a reason to prevent construction of the northwest rail project. (more…)