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High-speed rail is back on the agenda in Australasia. Just days after the subject was discussed at the 2016 Financial Review National Infrastructure Summit in Sydney, a locally based consortium announced plans to create a Sydney-Melbourne HSR link drawing on value-capture from real estate development for funding. In the New South Wales state budget, rail freight emerged as a major winner. Signalling is set to be boosted through several key projects, not least of all in Queensland, where $500 million has been marked for investment. Rail linkages to ports are being also strengthened, and in August heavy-haul rail celebrated its annual conference at one of Australia's major coal-export gateways: Mackay in northern Queensland.

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