Does the Level Crossing Removal Project Have Good Value for Money?
Few infrastructure programs in Victoria's recent history have generated as much debate about value for money as the Level Crossing Removal Project. Since the Andrews government launched it in 2014 with a promise to remove 50 level crossings, the program has grown — first to 75, then to 85, then to 110 — and the cost has grown along with it. We are now talking about a program worth well over $20 billion in total. So: is it worth it? The instinctive criticism from some quarters is that the money could be better spent on new rail lines or more frequent services. But I think this critique, while not entirely wrong, misses a lot of what the LXRP is actually delivering. Let me try to make an honest assessment. What the Program Actually Does The first thing to understand is that "level crossing removal" is a bit of a misnomer in terms of what the project actually delivers. Yes, it removes dangerous intersections where cars and trains meet. But a lot of the value is in what ...