Download a PDF copy of Appendix F: Stations packages.

Download a PDF copy of Appendix E: Tunnels packages.

Download a PDF copy of Appendix D: Initial and early works packages.

Download a PDF copy of Appendix C: Audit scope and method.

Download a PDF copy of Appendix B: Acronyms and glossary.

Download a PDF copy of Appendix A: Submissions and comments.

SRL East is the state's largest, most expensive and most complex infrastructure project to date and needs strong governance, oversight and delivery arrangements. 

After early issues and frustrations, SRLA has improved how it works with the government and central agencies, DPC and DTF. 

SRLA has a clear commercial strategy and has set up extensive governance and oversight arrangements. While it is working to lower its owner’s costs, this could reduce its ability to oversee contractors and identify emerging risks. 

The draft planning controls proposed for the SRL East precincts should allow a level of redevelopment consistent with supporting the uplifts in population, households and employment needed to deliver the benefits asserted in the SRL Business and Investment Case. However, there are a range of factors that may constrain this development, including structural barriers to lot amalgamation and challenging market conditions in Victoria. 

At June 2026 there is a $5.5 billion gap in approved funding to deliver the project and significant uncertainty that funding targeted from sources other than the state Budget and debt will be fully achieved. 

In addition, public announcements and information on the government's funding strategy for the project lack transparency. The government approved and introduced a levy on all public transport fares in metropolitan Melbourne and regional Victoria as part of the value capture package for the project. 

SRLA has made significant progress in planning the SRL East precincts and procurement for, and early delivery of, the rail infrastructure works. 

However, project delivery on time and on budget is unlikely due to challenges and risks emerging at an early stage of the works including delays, unexpected ground conditions and contamination, higher than expected costs for some works packages and the impacts of government decisions to slow down spending on the project.