Ministers for the Department of Infrastructure, Regional Development and Cities The Hon Michael McCormack MP Deputy Prime MinisterMinister for Infrastructure, Transport and Regional Development Senator the Hon Bridget McKenzie Minister for Regional ServicesMinister for SportMinister for Local Government and Decentralisation The Hon Alan Tudge MP Minister for Cities, Urban Infrastructure and Population The Hon Sussan Ley MP Assistant Minister for Regional Development and Territories The Hon Andrew Broad MP Assistant Minister to the Deputy Prime Minister The Hon Scott Buchholz MP Assistant Minister for Roads and Transport The Hon Barnaby Joyce MPFormer Deputy Prime MinisterFormer Minister for Infrastructure and Transport The Hon Dr John McVeigh MPFormer Minister for Regional Development, Territories and Local Government The Hon Keith Pitt MPFormer Assistant Minister to the Deputy Prime Minister The Hon Damian Drum MPFormer Assistant Minister to the Deputy Prime Minister Senator the Hon Fiona Nash Former Minister for Regional DevelopmentFormer Minister for Local Government and Territories The Hon Darren Chester MP Former Minister for Infrastructure and TransportFormer A/g Minister for Regional DevelopmentFormer A/g Minister for Local Government and Territories The Hon Warren Truss MP Former Deputy Prime Minister Former Minister for Infrastructure and Regional Development The Hon Paul Fletcher MP Former Minister for Urban Infrastructure and Cities The Hon Jamie Briggs MP Former Assistant Minister for Infrastructure and Regional Development

The right way forward on the Melbourne Metro proposal

Media Release

PF030/2016

23 February 2016

Premier Andrews of Victoria today issued a media release entitled “Time for Turnbull to back Melbourne Metro,” in an evident attempt to pressure the Commonwealth into immediately handing over $4.5 billion.

The Turnbull Government has a clear process in place when considering whether it will provide funding to major infrastructure projects.

As Premier Andrews is aware, any project with a Commonwealth contribution of more than $100 million requires a full assessment by Infrastructure Australia before funding commitments are made.

This business plan will now go to Infrastructure Australia for an assessment.

The Turnbull Government will consider whether it will provide funding to Melbourne Metro, how much and in what form—grant, loan, equity commitment or other—when the business plan has been assessed by Infrastructure Australia and IA has provided advice to the Turnbull Government.

In any evaluation of the project, the Commonwealth will seek to ensure the value for money and financing and funding principles recently released by the Australian Government are addressed.