Queensland Premier Annastacia Palaszczuk has said the program will make the state a “rail manufacturing powerhouse”.Australia does not yet have a high-speed rail line, but governments around the country are investing in heavy and light rail networks, as well as metros and trams.
Supply chain glitches and inflation in the price of materials had delayed production lines, but with suppliers requiring more time than in the past to deliver parts, inflation in the northern hemisphere appeared to be “peaking”, he said. Cyberattacks are becoming increasingly common in the rail industry. Hackers hurt the Danish State Railways’ network last month after targeting an IT subcontractor’s software.