All bus services operated by NSW TrainLink into and out of Victoria ceased from midnight on Tuesday 7 July. A benefit-cost ratio above 2 is exceptional. Add articles to your saved list and come back to them any time. All NSW Trainlink trains and buses are operating as normal EXCEPT that trains and buses are NOT operating into Victoria. To convert future benefits to present-day dollars the 2013 study used a discount rate of 4.4 per cent "in accordance with the federal department of infrastructure and transport's nation building appraisal guidelines". Answering a question in parliament, on behalf of roads minister Melinda Pavey in June, primary industries minister Niall Blair quoted only the Infrastructure Australia conclusion and not the conclusion of the minister's department. Three-quarters of the 35 kilometre link was completed by 1988 when the NSW government suspended the project in the midst of an economic downturn and lower than expected coal traffic. Travel time is approximately 2 hour 13 minutes. Alternatively, Premier Motor Service operates a bus from Wollongong to Sydney once daily. Please note that ticket prices in this section. Concessions are available for eligible customers to travel on public transport in NSW. On the same day primary industries minister Don Harwin, replying on behalf of transport minister Andrew Constance, misled parliament when answering a question about the rail tunnel under Thirroul saying it had not been the subject of a strategic assessment or strategic paper. In Sydney and surrounds, fares are calculated based on: the distance you travel from tap on to tap off; how you choose to pay; ... You will need to buy a ticket for travel on Regional train and coach services and rural and regional bus services in NSW. Directions to Wollongong from Sydney Airport View opposite direction Directions Via Wolli Creek Station. The less favourable 2017 Infrastructure Australia assessment was "in line with an earlier report from 2011 by the then-Labor government which found the project had a benefit cost ratio of 0.56.". Work needed for an upgrade to the Wollongong to Sydney rail link that would deliver passengers to Central in 66 minutes produces benefits at up to twice the cost according to a previously unreleased Cabinet in Confidence report. Travel time is approximately 1 hour 59 minutes. Costed at between $700 million and $800 million in the Cabinet in Confidence document seen by Fairfax Media, the freight link has a benefit-cost ratio of between 1.5 and 2.4 depending on the scenario chosen. How can I get cheap train tickets to go from Wollongong to Wolli Creek? Catch the train to Central Station and change to the South Coast Line from the Country Platforms (1-13) at Central Station. Please note that not all trains to the South Coast stop at Wolli Creek Station, so check transportnsw.info OR if in doubt, we recommend you travel to Central Station. Wollongong to Sydney in 66 minutes possible with a Maldon to Dombarton freight link. Use an Opal card or pay with a credit card, debit card or linked device for Adult Opal fares and benefits. . You could be charged a default fare which is the highest fare for that service, based on your Opal card type. Transport NSW operates a train from Wollongong Station to Central Station every 30 minutes. A benefit-cost ratio above 1 means the project is worth doing. would not generate sufficient benefits to justify its costs, only the Infrastructure Australia conclusion and not the conclusion of the minister's department, not been the subject of a strategic assessment or strategic paper, Rail Corridor Strategy: Sydney to Wollongong. Catch the train to Wolli Creek Station and change to Platform 4 for your train to Wollongong (The South Coast line). the distance you travel from tap on to tap off, whether you’re eligible for a concession fare or free travel. Forgot to tap on or tap off? At either of these stations go to Platform 1. Peter Martin was economics editor of The Age between 2014 and 2018. A more recent Transport for NSW assessment, evaluated this year by Infrastructure Australia, used a higher discount rate of 7 per cent, even though interest rates had fallen during the intervening years. NSW Health strongly recommends wearing a face mask.See latest updates. Go to the Airport station’s Platform 2. Projects with high upfront costs and benefits years out into the future look better when low discount rates are used and worse when high discount rates are used. Tickets cost $18 - $35 and the journey takes 1h 25m. The biggest benefit, transport cost savings, is estimated at $2.4 billion over 50 years, or $560 million in present day dollars. The browser you are using is not supported. Opal and contactless fares are calculated according to the distance travelled and any Opal benefits that may apply. You will need to buy a ticket for travel on Regional train and coach services and rural and regional bus services in NSW. Credit:Rob Homer. You can use your existing Opal card to pay your fare on participating privately-operated transport services. Please wear a face mask on public transport. Wollongong to Sydney in 66 minutes possible with a Maldon to Dombarton freight link.
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