A private company has announced plans to bring high-speed rail between Melbourne and Sydney, and in the process create eight new cities along the way.
Melbourne to Sydney could take less than two hours in a high-speed rail proposal, and its construction won't cost taxpayers a cent.
The ambitious $200 billion proposal was released on Thursday and will aim to link Melbourne, Canberra and Sydney.
In the process, eight new inland cities will be created and serviced by the train.
The plan has support from an advisory board of Australian and US business people including former Victorian premier Steve Bracks, former NSW premier Barry O'Farrell and former US secretary of transportation Ray LaHood.
CLARA has partnered with international companies including GE, Aecom, RMIT and the CSIRO.
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