David Van (Victoria, Liberal Party) Share this | Hansard source

The Victorian Auditor-General said of the Suburban Rail Loop:

The BCR—

benefit-cost ratio—

for the project is 0.51 when calculated in line with DTF's guidance—

below even the Victorian Parliamentary Budget Office's rating of 0.6 to 0.7. Minister, why is the government spending $2.2 billion on a project that demonstrably will not deliver value for money but will continue to overheat the construction sector, pushing up prices for Victorians, contributing to inflation and making the cost-of-living crisis worse for Victorians?