State prepared to tip $678m into Oakajee

Premier Colin Barnett says he is prepared to commit up to $678 million towards the $4 billion Oakajee port and rail development if the federal government does not provide funding from its Infrastructure Australia fund.


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The overseas consortia members must be laughing. Under the previous (State)government's negotiated agreements, they were prepared to cough up the entire amount. CB has been scratching around for an infrastructure project to soak up some Federal dollars. Has he convinced the Feds to put in over $1bn to 'his' $750m? It's all our taxpayer money, of course.

Previous government ( Alannah MacTiernan ) said to award the Oakagee Port only i.e. not include the rail construction from Port to the mine site. One would expect Yilgarn will sue the Government for misleading in the near future.

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