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Rail

Today

LVMH’s Belmond blames Carlyle unit for fatal Machu Picchu train crash

In a letter to the office of the prime minister, it said Inca Rail had transited through an unauthorised part of the tracks, leading to the head-on collision.

December 2025

Premier Jacinta Allan inspects the cutterhead of a tunnel boring machine in Heartherton on Thursday.

Victoria’s AA credit at risk under rail loop funding plan: S&P

The agency had already singled out the SRL as a big risk when it reaffirmed Victoria’s AA credit rating in July, saying there was a danger of cost blowouts.

Premier Jacinta Allan made the announcement at an SRL construction site in Heatherton on Thursday.

Developers to be taxed $34k for each new home near Melbourne rail loop

Jacinta Allan has unveiled new levies on dwellings in the transport precinct to help pay for the $34.5 billion first stage of the mega infrastructure project.

Jacinta Allan insists her government can increase spending while still reining in debt, which is projected to hit $194 billion by 2029.

Former Victorian auditor warns on federal bailout

The auditor who examined Victoria’s debt-laden finances during the 1990s warns the state appears on track for another bailout.

Premier Jacinta Allan at the Suburban Rail Loop site in Burwood the day after the federal election.

Albanese government to stump up $10b for Victorian rail loop

The Allan government will sign a mammoth new contract to build and operate the Suburban Rail Loop after the federal government pitched in with funds.

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November 2025

Passengers at Anzac station after arriving on the first train to go through the new tunnel.

‘Bloody amazing’: fanfare as $15.5b train line opens

Thousands of people turned out for the first services on Melbourne’s long-awaited new Metro Rail tunnel on Sunday.

Melbourne Metro

Everything you need to know about Melbourne’s new Metro Rail

There’s a new train tunnel deep under Swanston Street. But it has a much wider significance for a fast-growing city.

Andrew Liveris at the AFR Infrastructure Summit,

Infrastructure challenge mirrors Australia’s economic weaknesses

The persistent challenge will be to secure and grow the pool of private dollars to fund the next generation of infrastructure.

Brisbane 2032 boss Andrew Liveris is confident the infrastructure will be ready in time for the Olympic Games.

Liveris confident Brisbane 2032 Olympics infrastructure will be ready

The Brisbane 2032 boss said he was confident deadlines could be met despite potential headwinds caused by workforce and supply chain pressures.

 Chris Prior and wife Chelsea Herman co-founded Pilbara Rail Maintenance with Ian Abbott in 2018.

Italian group comes calling for WA rail contractor in $180m deal

The deal spells a $180 million payday for Ian Abbot and Chris Prior, two blue-collar workers who started the business seven years ago.

October 2025

The CFMEU scandal hasn’t diminished the union’s clout.

CFMEU gives Victoria a slap at the end of the (West Gate) tunnel

The union expertly exploited the Allan government’s infrastructure honeypot, and it is still finding ways to flex its muscles.

August 2025

Moorebank Logistics Park

No customers for new Sydney rail hub a year after opening

Qube’s new interstate rail terminal at the Moorebank logistics park has not signed up any new customers despite opening more than a year ago.

Aurizon chief executive Andrew Harding

Aurizon axes more jobs as net profit slides 25pc

The rail freight operator is cutting more corporate jobs and extending a stock buyback after annual net profit dipped to $303 million.

The Abbot Point coal terminal is one of the facilities connected to Aurizon’s network.

Aurizon in discussions to sell $4b stake in Queensland rail network

The country’s largest listed freight business has spoken to private infrastructure investors and hedge funds in what could be its biggest shake-up in 15 years.

July 2025

Brookfield APAC boss Stewart Upson.

Brookfield rail network player Arc shops debt amid government standoff

The leaseholder of more than 5500 kilometres of rail infrastructure in the WA has mandated ANZ, MUFG and the SMBC to arrange a loan of least $300 million.

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Farmers support the WA government’s attempts to resume control over the state’s freight rail network.

Brookfield scoops up $132m from WA rail networks

The Canadian infrastructure group is reaping healthy dividends from its West Australian freight rail business. But the state government wants to buy it back.

June 2025

Andrew Harding has carefully planned his South Australian assault.

The deal that could unlock Australia’s next mining hero

BHP’s Olympic Dam expansion could be Australian mining’s next big thing. A crucial piece of the puzzle just fell into place.

Salt being unloaded at Bays Port, Glebe Island, Sydney harbour’s last working port.

Glebe Island housing plan risks freight cost blowout

As the NSW government considers moving Bays Port for housing, a freight review has warned the prime real estate will come at a cost.

May 2025

End of an era: Downer closes in on sale of 49pc stake in Keolis Downer

Downer EDI is weeks away from cashing out of a joint venture that has over the past 15 years held plum public transport contracts in Melbourne and Adelaide.

Aurizon CEO Andrew Harding will face investors in Sydney on Wednesday.

Aurizon slashes 200 jobs as Whyalla impairment bites

The rail freight group is hauling less bulk commodities, partly because of big customers such as the Whyalla Steelworks being in administration.