Six rail projects face axe as budget falters
Sep 18th, 2008 | By David Harper | Category: AustraliaThe Sydney Morning Herald: Six rail projects worth a combined $14.4 billion are on the chopping block as senior bureaucrats and a new cabinet team frantically search for a new transport strategy in the face of a faltering NSW budget.
Treasury officials are sharpening their knives in preparation for the November mini-budget promised by the new Premier, Nathan Rees, which will be forced to balance a huge revenue shortfall against the state of rapidly decaying transport infrastructure.