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Money The $64M cost of Qld's rail fail revealed

01:06  06 june  2018
01:06  06 june  2018 Source:   msn.com

China syndrome: Why Fortescue is spending billions on a new mine

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Treasurer Gladys Berejiklian and Transport Minister Andrew Constance came under fire on Wednesday over whether they failed to reveal the facts behind the escalating costs for up to two years, following the release of a damning Auditor-General report.

The email, from senior Treasury official Rodney Forrest to the general manager finance at RailCorp, Peter Crimp, asked Mr Crimp to assess assumptions Treasury had made about the per passenger cost of journeys along the proposed line. Adding up the new north-west rail link could be costlier than

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Queensland train drivers have been paid more than $41 million in overtime since the start of cascading timetable failures in Queensland Rail in October 2016, according to figures released by the state opposition.

But the Labor government has played down the significance of the figure, saying there was no quick fix for the southeast's train network.

The Liberal National Party released answers to questions on notice on Tuesday which showed the millions in overtime payments, as well as nearly $23 million paid for taxis and buses to fill gaps in the timetable.

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However, costs had risen by 2012, and the Queensland Auditor-General reported that the eventual cost would be from 8 to 4 million, because Queensland Rail had failed to take into account the requirement for upgraded maintenance facilities, as well as en route provisioning.[36] The

The Spanish company building Sydney' s .1 billion light rail line has accused the state government of misleading conduct in failing to reveal that it had not secured the agreement of power company Ausgrid on how crucial cables under the route should be handled.

Opposition Leader Deb Frecklington used the figures to again call for Premier Annastacia Palaszczuk to sack Transport Minister Mark Bailey.

"Annastacia Palaszczuk now has 41 million reasons to sack this incompetent transport minister," Ms Frecklington told reporters.

Acting Premier Jackie Trad played down the issue, saying the overtime issue was made clear in the Strachan inquiry into the rostering failures handed down in January last year.

"We wouldn't have a blowout in overtime if the LNP hadn't sacked tutor-drivers and stopped recruiting new drivers back when they were in government," she told reporters on Tuesday.

"We have been left with a significant problem which will take a while to solve."

Queensland Rail has been hit with $41 million in overtime payments since the start of the so-called 'rail fail' in October 2016. © AAP Images Queensland Rail has been hit with $41 million in overtime payments since the start of the so-called 'rail fail' in October 2016. The government has committed to implementing all the recommendations of the Strachan Inquiry, including opening QR recruitment to external hires.

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The Queensland government has been ordered to pay significant costs to technology giant IBM Australia after failing in a bid to recoup losses from the .2 billion health payroll debacle. The Newman government launched legal action against IBM in 2013

Rail steel is used to make rails for railway lines and for other uses such as tracks for moving equipments like cranes, transfer cars etc. Heavier rails carry heavier and faster trains on the tracks. The rails represent a substantial fraction of the cost of a railway track.

The Fair Work Commission last month rejected a bid from the Rail Tram and Bus Union to block external hires in favour of existing QR employees being retrained.

Mr Bailey on Monday said despite that, they had two years worth of trainee drivers in their driver schools, but admitted it would also take that long for QR's timetable to get back to the level it had been before the initial October 2016 event.

QR now runs a timetable with 470 fewer services than October 2016, when a lack of trained drivers resulted in no one being available to drive trains, with hundreds of services cancelled on a single day.

Australia's impending property boom: How the average cost of a home will surge to $6.3MILLION in just 25 years - and it's not Sydney that will be hit the hardest .
Projections show median house prices will reach $6.3million in Sydney by 2043 - up from $1m today. Prices will hit $5.8m in Melbourne, $2.9m in Canberra and $2.5million in Perth.Projections show median house prices will reach that figure in Sydney by 2043 - up from $1.03million today.

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