Ms Catherine King (Ballarat, Australian Labor Party, Minister for Infrastructure, Transport, Regional Development and Local Government) Share this | Hansard source

It's a significant investment in transformational public transport. That is what Labor governments do.

Suburban Rail Loop East will also support up to 24,000 jobs in the construction phase. Early works are already underway right now in Clayton, and they'll begin in Glen Waverley early in the new year. Preparatory works are also about to kick off at Burwood and Monash and Box Hill, ahead of construction of the new Box Hill Suburban Rail Loop station. The Albanese government has committed $2.2 billion to the early works of Suburban Rail Loop East. The detailed business and investment case of the loop, released by Victoria last year, demonstrated the benefit-cost ratio of up to 1.7, meaning $1.70 would be returned for every $1 invested. This is a completely transformational project for the state of Victoria. It's a project that has the support of our government, and it's pretty clear from Saturday that it has the overwhelming support of the Victorian community as well.

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