This $659.6 million, two-year development phase for the rail line has been confirmed.

The Australian Government has announced the next major milestone for high-speed rail with the beginning of the development phase for high-speed rail between Newcastle and Sydney.

This is a significant step in the delivery of faster, more reliable rail transport that will reshape how those in the Newcastle, Hunter and Central Coast region live, work and travel.

High-speed rail between Newcastle and Sydney will cut travel times to around one hour from Newcastle to Central Sydney, with travel from the Central Coast to either Sydney or Newcastle reduced to just 30 minutes.