Daniel Andrews won’t confirm $125bn cost estimate for Victoria’s Suburban Rail Loop

Victorian premier Daniel Andrews says the government has been upfront on the costs of the first stage of the Suburban Rail Loop. Photograph: Joel Carrett/AAP

Victoria’s premier, Daniel Andrews, has refused to say how much it will cost to build the first two stages of the Suburban Rail Loop, after independent analysis was released that suggested it was more than double the government’s initial estimate for the entire project.

Analysis from Victoria’s Parliamentary Budget Office (PBO), released overnight, estimates the cost of constructing the first and second stages of the mega project will reach $125bn by 2084-85.