GEOPOLITICS | Australia Plans A$94 Billion High-Speed Rail Push as Housing Crisis Deepens
2026-06-11 21:10:54
Australia’s government is betting on a A$94 billion ($66 billion) high-speed rail plan as Sydney’s population strains and housing prices soar. According to Bloomberg, the affordability crisis is spurring Prime Minister Anthony Albanese’s administration to pursue the project, long derided as financially unviable.
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