Infrastructure Minister Catherine King talks high-speed rail

Infrastructure Minister Catherine King talks about the cost of high-speed rail in Newcastle

Transcript

00:00 The government is committed to building it. We obviously want to get the best value we possibly can.

00:04 It's going to take private sector investment as well.

00:06 We're looking at those financing mechanisms again as part of the business case,

00:10 part of the work of the new CEO in the board.

00:13 What I'd really encourage people to look at is really how High Speed Rail transforms cities.

00:18 As I said, it's a transform project, but it's not just that.

00:22 It is about the economic development opportunities for the Hunter.

00:25 We know we want to diversify the economy here as much as we possibly can.

00:30 We know that's important for the future of the Hunter.

00:33 High Speed Rail is one part of the puzzle.

00:35 The port, the airport, the roads and productivity that that brings are also important in that future.