Canberra: Melbourne Lease and Yarra

canberra: Victoria says it due $1.45 billion for selling the Port of Melbourne lease, with Canberra originally promising to pay $877 million, according to Nine News Australia. There now a suggestion the shortfall could be forthcoming, but only if $600 million is used to include a South Yarra stop in the $10.6 billion dollar train network upgrade – something the state government has previously said is too expensive. The Victorian state government has reportedly rejected the federal government offer of $600 million to add a re-built South Yarra station to the Melbourne Metro tunnel project. Public Transport Minister Jacinta Allan said the extension did not stack up financially and was a ploy to save Liberal MP Kelly O'Dwyer seat of Higgins. If there money owed to Victoria, it should come and it should come in full, he told the Herald Sun. Senior federal Liberals have reportedly told Mr Turnbull the matter needed to be resolved as quickly as possible . State opposition leader Matthew Guy has said he wasn't interested in a state versus federal stoush but argued South Yarra station did need to be rebuilt . Mr Guy said earlier this year the state government should be handed every single cent of the money owed from the Port sale. (news.financializer.com). As reported in the news.