Experts say special levy could be needed to cover funding hole

The government on Friday refused to say what advice it had received about covering the revenue shortfall and did not answer questions from The Age about whether it was considering additional levies.

The government did, however, rule out a direct levy on homeowners – but experts say that would be the best way to pay for the project.

Stapledon said the most efficient method of clawing back some growth in property values around the SRL train stations would be to impose a broad land tax.

“As…