Anthony Albanese will argue for high-speed rail to be a central part of the rebuilding of Australia’s economy following coronavirus (COVID-19), according to reports.
In a speech to be delivered to the shadow cabinet on May 11, Albanese will say that a high-speed rail project along with decentralisation should be pursued by the federal government as a way to recover and create a more resilient nation.
In a draft of the speech, Albanese is expected to combine a commitment to high-speed rail with local train manufacturing.
“We must invest in nation-building infrastructure including iconic projects like high-speed rail and we should be building trains here,” Albanese is expected to say.
“Government procurement policy in rail manufacturing has produced superior outcomes to imports and created regional jobs in Queensland, Victoria and Western Australia.”
In 2019, Labor took a $1 billion land acquisition policy for high-speed rail to the federal election, however the Coalition has not pursued high speed rail during its time in office.
The speech by the federal opposition comes after Treasurer Josh Frydenberg outlined his plans for post-COVID-19 recovery. In a speech to the National Press Club on May 5, Frydenberg said that the government would maintain its $100 billion ten year infrastructure pipeline, but did not nominate particular projects. Frydenberg did, however, note that the current pandemic should not lead to protectionist policies.
In April, shadow transport spokeswoman Catherine King had nominated high speed rail as a “economic game changer” and indicated federal Labor’s continuing support for a high speed rail network linking population centres down the Eastern seaboard. King also noted that investment in high-speed rail would encourage economic growth in regional communities.
At the time, federal Minister for Infrastructure, Transport and Regional Development Michael McCormack said that the government’s focus is building the Inland Rail project and pursuing faster rail projects.