gold coast: High speed rail would revolutionise interstate travel, allowing people to travel between capital cities in as little as three hours, he said, according to Nine News Australia. It would also help in the development of regional centres such as the Gold Coast, northern NSW, Albury-Wodonga and Shepparton. Mr Albanese, a former transport minister, presented a private bill to parliament on Monday which would set up a planning authority to drive the project. The MP said he had received strong indications from Liberal-National coalition members they supported the idea. A study commissioned when Mr Albanese was minister found a potential cost-benefit of 2.15 for every 1 spent. The government appears to be taking the project seriously, with secretary of the infrastructure department Mike Mrdak and former minister Andrew Robb attending the International High Speed Rail Association conference in Japan last week.
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