Federal Government funding for the Gold Coast light rail project has decreased, according to Queensland Transport Minister Mark Bailey.
Prime Minister Scott Morrison announced $112 million in funding on Monday for stage 3A of the project, which will extend the light rail another 6.4 km from Broadbeach to Burleigh, as well as develop 8 new stations and upgrade pedestrian and cycling facilities.
With the total cost of stage three of the project currently estimated around $670 million, the federal contribution comprises only 16% of the project’s total cost.