TasRail flags transport hub lease

TasRail hopes to secure Tolls' tenancy at the new Brighton transport hub within days.

The $71 million Brighton transport hub was expected to be operating a year ago but is still empty.

The main intended occupant, Toll, has been refusing to sign a lease.

TasRail's chairman Bob Annells used a government business hearing to reveal that is about to change.

"We will tie them up, I hope, in the next 24 hours or thereabouts," he said.

The Infrastructure Minister, David O'Byrne, was asked when the hub will be fully operational.

He says it will take a couple of months for Toll to build sheds at the hub.

The terms of the lease were not revealed.

Toll's relocation will make way for development of TasPorts' old rail yards at Macquarie Point on Hobart's waterfront.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.9260-0.0027-0.30%
    AUDUSD=X
    0.5512-0.0023-0.41%
    AUDGBP=X
    0.6697-0.0024-0.36%
    AUDEUR=X
  • Commodities
    Commodities
    NamePriceChange% Chg