ABC Victoria: Victorian election 2014: East West Link could cost almost $18b, academics say By Jean Edwards 11 November 2014

Report says true cost of East West Link could be much higher

Melbourne’s East West Link road project could cost Victorian taxpayers as much as $17.8 billion, a report has found.

A report by 10 transport planners and financial analysts from Melbourne, RMIT, Monash universities said the bill was similar to the estimated $18 billion cost of the Wonthaggi desalination plant.

“The East West Link is of doubtful economic value in terms of benefits achieved by the project relative to costs,” the report said. Continue Reading…