National Rail Industry Plan for the Benefit of Australia

 
 
The rail industry makes a significant contribution to the Australian economy. Going forward, with proper planning, together with Commonwealth, State and Territory Government contribution, a National Rail Industry Plan for the Benefit of Australia will significantly assist the industry to achieve its full potential. 
 
Australia depends on an efficient transport system. Each year almost one billion passenger journeys transport Australians on heavy and light rail networks in our capital cities and on regional services. Around 1.5 billion tonnes of freight, primarily bulk commodities, are moved on rail each year. This passenger and freight task is growing rapidly.
 
Rail is a large employer, with close to 200,000 directly or indirectly involved through freight and passenger operators, track owners and managers, manufacturers, suppliers, contractors, consultants and government administration. The annual contribution to the Australian economy now stands at about $26 billion, but this can jump significantly with the right policy mix. 
 
Commonwealth, State and Territory Governments recognise the significance of rail to Australia. Between them investment in rail is likely to exceed $100 billion by 2030. This investment made in the national interest will enhance its contribution to our economy through greater efficiencies in public transport, in freight and in the jobs created in building, augmenting, managing and maintaining rail networks. All Australians will be the beneficiaries.
 
An important era lies ahead for rail. It is a pivotal time and a National Rail Industry Plan will ensure Australian rail can realise its full potential. This is an area that the ARA will continue to advocate for on behalf of its members.
 

 
Pictured in photo: Senator the Hon Arthur Sinodinos AO, Minister for Industry, Innovation and Science, the Hon Darren Chester MP, Minister for Infrastructure and Transport, Bob Herbert AM, Chairman, ARA and Danny Broad, CEO, ARA at Parliament House on 12 September 2017 discussing the National Rail Industry Plan for the Benefit of Australia.