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- W620329060 abstract "The Victorian Department of Transport is planning for the development of a number of regional rail stations to serve and support the regions. The development of a business case is a critical phase of the preliminary planning stage as it provides a more detailed analysis of the potentially viable project options and informs the project governing body's decision on whether to invest in the proposed new regional stations. To ensure a good return for the taxpayers of Victoria, a detailed evaluation of the patronage demand and economic benefits associated with new regional stations is required. Business case investigations were recently completed for Grovedale station (Geelong Region) and Epsom station (Bendigo Region). The investigations involved interviews at regional stations across Victoria, demand forecasts for the new stations and cost benefit analysis. The key observations included: Differences in regional rail travel patterns between regions can be very significant. Demand forecasting for the new stations needs to consider the improved access to regional rail services, the demand catchment, the competing stations (station choice) and the access modes to the stations (access choice). There are a number of factors driving the future demand growth such as service levels at the stations, population growth of the catchment, fare changes, fuel price and the broader economic environment. The economic benefits of new regional stations do not necessarily rely on a significant amount of patronage when compared to metropolitan stations, because regional rail trips are much longer and individual trip benefits are much higher. Further research and investigations are also recommended." @default.
- W620329060 created "2016-06-24" @default.
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- W620329060 date "2012-09-01" @default.
- W620329060 modified "2023-09-25" @default.
- W620329060 title "Developing business cases for regional rail stations: a Victorian case study" @default.
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