Highlights
Regionalisation will drive higher economic growth in Victoria, making it a better place to live and work.
The argument for regionalisation of Victoria is built on three premises:
- Melbourne is a thriving city, but its urban sprawl is creating a drag on its productivity.
- Victoria’s productivity can be increased by creating a regional network of secondary cities tightly connected with Melbourne.
- Faster rail connectivity will encourage people and business to relocate to regional cities. Economic analysis shows that simply building a faster regional rail network will increase Victoria’s GDP by 5%.
The economic benefits of regionalisation justify the investment needed in faster regional rail services