Please note: this is an archived news article release
This article was published on Tuesday, 8 September, 2015. The information contained within may be out of date or inaccurate. News articles and media releases older than 60 days are archived for future reference.
Posted on Tuesday 8th of September, 2015,
Greater Shepparton City Council has welcomed the Federal Government's announcement that the scoping study into the future ownership of the Australian Rail Track Corporation (ARTC) has been postponed, indicating that the Council's call for greater private sector involvement in the nation building project has been heard.
Greater Shepparton Mayor Dennis Patterson said it is thought that the Government is now looking at a public-private partnership model for this significant project. “Council, in collaboration with Narrandera, Leeton, Griffith, Urana, Berrigan, Jerilderie, Mitchell and Moira Shire Councils formed the Food Bowl Inland Rail Alliance (FBIRA) and has been lobbying hard for due diligence to be undertaken on the Food Bowl Route, through Shepparton, Tocumwal and Narrandera given the extraordinary export growth being experienced in these regions,” Cr Patterson said.
The Federal Government responded to this call and engaged Deloitte to develop an 'Economic Analysis of the Shepparton option'.
"This report identified future volumes on the Shepparton route significantly favoured Shepparton with 2025 projections for the Shepparton route 1,757,000 tonnes - far exceeding the Albury route projections of just 220,000 tonnes,” Cr Patterson said. "Whilst the Food Bowl Route would be advantageous to Shepparton, all Council is demanding is informed decision making. The 2010 ARTC route is 130 km longer and an additional four hours travelling time, so when combined with the volume projections it becomes significantly attractive for investors to more favourably consider the Shepparton route. Let the market decide the ultimate route".
Get the full story on GSCC's June trip to Canberra HERE.
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