Reserve Bank supports Cross River Rail Project

 On the 24th January 2013, the Courier Mail reported that Reserve Bank board members Heather Ridout and John Edwards said investing in key urban projects, such as Cross River Rail (CRR), would unlock a new cycle of productivity to replace the commodity price boom and continue the 21-year run of growth – see the following link http://www.couriermail.com.au/news/queensland/experts-say-the-road-to-riches-is-more-infrastructure-spending/story-e6freoof-1226560434521

 

This confirms that the CRR has the support of the State and Commonwealth Governments and the Reserve Bank, emphasising that it will be built in the not too distant future.

 

If you property or business is affected by the CRR, please contact Pasquale Cece of Deacon & Milani for advice on whether or not you qualify for an early buyout on “hardship” grounds.

Tags: Cross River Rail Resumption Reserve Bank State Government Commonwealth Government

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