Victoria Transport Infrastructure Minister Jacinta Allan confirms on Friday that the government has 'in-principle' agreed with the contractors Cross Yarra Partnership on a 'new deal' for Melbourne's Metro Tunnel cost overruns.

According to the deal, the government and the contractors will split the current cost overrun of $2.74 equally between each other. That means an additional $1.34 Billion is taken out of the taxpayers' pockets on the top of the original estimated cost of the $11 Billion.

About a month ago I had posted a news article blaming station redesigns contributing to multibillion-dollar blowout. The herald article below also mentions some 'unforeseen challenges' and rising labour costs etc.

https://www.smh.com.au/national/victoria/metro-tunnel-s-2-7-billion-budget-blowout-revealed-20201211-p56mph.html