Claim: The announcement of the proposal revealed that the preferred transport option was a maglev system, able to reach Shepparton from Melbourne in 30 minutes and Sydney in under two hours, however, financial details of the plan were not released, with the company's directors describing the complete funding model as commercial-in-confidence.
Evidence: The announcement of the proposal also revealed that the preferred transport option was a maglev system, able to reach Shepparton from Melbourne in 30 minutes, and Sydney in under two hours. However, financial details of the plan were not released, with the company's directors describing the complete funding model as commercial-in-confidence.