The biggest benefit, transport cost savings, is estimated at $2.4 billion over 50 years, or $560 million in present day dollars. Wollongong to Sydney in 66 minutes possible with a Maldon to Dombarton freight link.
Find out more about fares … Find out more about fares in regional NSW. If you want to get cheap train tickets from Wollongong to Wolli Creek we recommend that you book in advance as the best Sydney Trains tickets sell out fast.The cheapest ticket is usually $2.5 and the most expensive one to go to Wolli Creek is approximately $8.3. Benefits from a Wollongong-to-Sydney rail upgrade would exceed costs, Cabinet told By Peter Martin Updated July 13, 2017 — 10.13pm first published at 3.38pm He is a former Commonwealth Treasury official and a visiting fellow at the Australian National University.
Three-quarters of the 35 kilometre link was completed by 1988 when the NSW government suspended the project in the midst of an economic downturn and lower than expected coal traffic. Asked whether Ms Pavey would release the study that found a much higher benefit-cost ratio, the spokesman did not reply. Benefits from a Wollongong-to-Sydney rail upgrade would exceed costs, Cabinet told. Catch the train to Central Station and change to the South Coast Line from the Country Platforms (1-13) at Central Station.
Projects with high upfront costs and benefits years out into the future look better when low discount rates are used and worse when high discount rates are used. On the same day primary industries minister Don Harwin, replying on behalf of transport minister Andrew Constance, misled parliament when answering a question about the rail tunnel under Thirroul saying it had not been the subject of a strategic assessment or strategic paper. Tickets cost $23 - $35 and the journey takes 2h. Costed at between $700 million and $800 million in the Cabinet in Confidence document seen by Fairfax Media, the freight link has a benefit-cost ratio of between 1.5 and 2.4 depending on the scenario chosen. Children under 4 travel free. would not generate sufficient benefits to justify its costs, only the Infrastructure Australia conclusion and not the conclusion of the minister's department, not been the subject of a strategic assessment or strategic paper, Rail Corridor Strategy: Sydney to Wollongong. Opal and contactless fares are calculated according to the distance travelled and any Opal benefits that may apply. All NSW Trainlink trains and buses are operating as normal EXCEPT that trains and buses are NOT operating into Victoria. Not all features will work as expected, please. Work needed for an upgrade to the Wollongong to Sydney rail link that would deliver passengers to Central in 66 minutes produces benefits at up to twice the cost according to a previously unreleased Cabinet in Confidence report. NSW Health strongly recommends wearing a face mask.See latest updates. The total cost of upgrading the Sydney to Wollongong commuter line would be around $5 billion. Travel time is approximately 2 hour 13 minutes. An F6 Extension motorway, under active consideration by the government as an alternative to the rail project, has a price tag of around $18 billion. The browser you are using is not supported. Catch the train to Wolli Creek Station and change to Platform 4 for your train to Wollongong (The South Coast line). The less favourable 2017 Infrastructure Australia assessment was "in line with an earlier report from 2011 by the then-Labor government which found the project had a benefit cost ratio of 0.56.". Alternatively, Premier Motor Service operates a bus from Wollongong to Sydney once daily. the distance you travel from tap on to tap off, whether you’re eligible for a concession fare or free travel. Credit:Rob Homer.
Visit www.transportnsw.info for latest fare and timetable information. The main expenses would be a $2.9 billion tunnel from Thirroul to near Waterfall on Sydney's southern tip and completion of the long-stalled freight link from Dombarton near Dapto to the commuter line. Please note that ticket prices in this section. Among the benefits quantified are time savings, transport cost savings, avoided environmental externalities, avoided crash costs, road congestion, and avoided road damage.
At either of these stations go to Platform 1. Please wear a face mask on public transport. The line stops in mid-air on either side of the Nepean River. The proposed schedule, also seen by Fairfax Media, has express passenger trains taking 20 minutes to get from Wollongong to Helensburgh, 35 minutes to get from from Wollongong to Hurstville, 54 minutes to Wolli Creek, and 66 minutes to Central. You can use your existing Opal card to pay your fare on participating privately-operated transport services. In Sydney and surrounds, fares are calculated based on: the distance you travel from tap on to tap off; how you choose to pay; ... You will need to buy a ticket for travel on Regional train and coach services and rural and regional bus services in NSW. Travel time is approximately 1 hour 59 minutes. The unpublished benefit cost study finds costs at around $780 million in present-day dollar terms more than offset by benefits at $1100 million.
Go to the Airport station’s Platform 2. A benefit-cost ratio above 1 means the project is worth doing.
Wollongong to Sydney in 66 minutes possible with a Maldon to Dombarton freight link. Transport for NSW acknowledges the traditional owners and custodians of the land, and respects Elders past, present and future. You could be charged a default fare which is the highest fare for that service, based on your Opal card type. Directions to Wollongong from Sydney Airport View opposite direction Directions Via Wolli Creek Station. Please note that not all trains to the South Coast stop at Wolli Creek Station, so check transportnsw.info OR if in doubt, we recommend you travel to Central Station. Time savings are worth around $1 billion, or $200 million in today's dollars. Fairfax Media has seen the assessment, contained in a Cabinet in Confidence document entitled Rail Corridor Strategy: Sydney to Wollongong produced in 2014, when premier Gladys Berejiklian was transport minister. On Wednesday a spokesman for Ms Pavey distanced the minister from the Maldon to Dombarton benefit-cost study conducted when Ms Berejiklian was transport minister, saying the 2013 study "relied upon assumptions about growth in the iron ore market that did not eventuate". You will need to buy a ticket for travel on Regional train and coach services and rural and regional bus services in NSW. Child age is between 4 and under 16. Travel time is approximately 1 hour 59 minutes. It awarded the project a benefit-cost ratio of only 0.9 meaning the project "would not generate sufficient benefits to justify its costs".
A more recent Transport for NSW assessment, evaluated this year by Infrastructure Australia, used a higher discount rate of 7 per cent, even though interest rates had fallen during the intervening years. Transport NSW operates a train from Wollongong Station to Central Station every 30 minutes. . Follow Peter Martin on Twitter and Facebook. A benefit-cost ratio above 2 is exceptional.
In Sydney and surrounds, fares are calculated based on: Top up your Opal card and see your activity. You will need to buy a ticket for travel on Regional train and coach services and rural and regional bus services in NSW. Answering a question in parliament, on behalf of roads minister Melinda Pavey in June, primary industries minister Niall Blair quoted only the Infrastructure Australia conclusion and not the conclusion of the minister's department.
While closures are in place, the XPT train service will only operate between Albury and Sydney Central Station. Catch the train to Wolli Creek Station and change to Platform 4 for your train to Wollongong (The South Coast line). All bus services operated by NSW TrainLink into and out of Victoria ceased from midnight on Tuesday 7 July.
Add articles to your saved list and come back to them any time. How to get a refund or replace your lost Opal card. Go to Sydney Airport Domestic or Sydney Airport International Train Station. Peter Martin was economics editor of The Age between 2014 and 2018. Tickets cost $18 - $35 and the journey takes 1h 25m. How can I get cheap train tickets to go from Wollongong to Wolli Creek? Use an Opal card or pay with a credit card, debit card or linked device for Adult Opal fares and benefits. Concessions are available for eligible customers to travel on public transport in NSW. Forgot to tap on or tap off?
To convert future benefits to present-day dollars the 2013 study used a discount rate of 4.4 per cent "in accordance with the federal department of infrastructure and transport's nation building appraisal guidelines".