Albanese to override sceptics and plough billions into Suburban Rail Loop

Prime Minister Anthony Albanese will commit billions to Melbourne's Suburban Rail Loop despite inflation concerns and cost pressures forcing budget cuts elsewhere. The government will pledge between $2.5 billion and $4 billion before the May 12 budget, several billion less than Victoria requested. The move contradicts efforts to pare back infrastructure spending to combat inflation and rising interest rates.

Summary by Glance · SMH