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AAP
AAP
Politics
Callum Godde

Derailed: Metro Tunnel cost to blow out beyond $12.8b

Metro Tunnel Melbourne
Melbourne's Metro Tunnel will cost about $2 billion more to build than first thought. (Joel Carrett/AAP PHOTOS)

Victorian taxpayers' ticket to ride Melbourne's long-awaited second rail tunnel will be even steeper than $12.8 billion, in yet another major project cost blowout.

There is insufficient contingency funding remaining to finish the Metro Tunnel because of a nine-month delay to its completion, a report tabled in state parliament on Thursday by Victorian Auditor-General Andrew Greaves reveals. 

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