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Victorian Rail Track 2025-26 annual report

Annual report 2025-26 · Victoria · Released

Total expenses from transactions
$2.98 billion
Printed as $2,984,094 thousand · Report, page 40
Total revenue and income from transactions
$182.1 million
Printed as $182,120 thousand · Report, page 40
Number (Headcount)
451 people
Report, page 99
FTE
446.3 FTE
Report, page 99

Official source

Victorian Rail Track 2025-26 annual report

PDF · 126 pages · 2.5 MB · parliament.vic.gov.au

Summary

The report's own summary: Chair's report, pages 14 to 15

Generated summary: written by an AI model from the report text and checked against the cited pages.

  • VicTrack’s 2025–26 report described its role in managing Victoria’s rail property and infrastructure and reinvesting in public transport.

    annual report, page 12

  • VicTrack reported supporting the Metro Tunnel opening, level crossing removals and the first stage of airport rail.

    annual report, page 17

  • VicTrack reported installing approximately 120 kilometres of fibre cable between Sunbury and Bendigo, increasing network capacity fourfold.

    annual report, page 17

  • VicTrack recorded a consolidated loss after tax, with depreciation and amortisation accounting for its largest expense.

    annual report, page 40

In the body's own words

  1. Finding

    We also progressed a major upgrade to telecommunications fibre in the Melbourne–Bendigo rail corridor, installing a new 144-fibre cable along approximately 120 kilometres between Sunbury and Bendigo and delivering a four-fold increase in network capacity.

    annual report, page 17

Finances 4

  • Total revenue and income from transactions

    $182,120 thousand

    Column: 2026 $'000 · year ended 30 June 2026

    Printed as Total revenue and income from transactions 182,120 199,272 177,556 194,370

    Report, page 40

  • Total expenses from transactions

    $2,984,094 thousand

    Column: 2026 $'000 · year ended 30 June 2026

    Printed as Total expenses from transactions 2,984,094 1,607,232 2,636,243 1,361,503

    Report, page 40

  • Employee benefits

    $77,405 thousand

    Column: 2026 $'000 · year ended 30 June 2026

    Printed as Employee benefits 77,405 66,562 77,405 66,562

    Report, page 40

  • Net result from continuing operations after tax

    $(2,367,534) thousand

    Column: 2026 $'000 · year ended 30 June 2026

    Printed as Net result from continuing operations after tax (2,367,534) (1,258,468) (2,060,608) (1,024,839)

    Report, page 40

Staff 2

  • Number (Headcount)

    451 people

    Column: As at June 2026 · as at June 2026

    Printed as 451 446.3 388 12 396.4 51 49.9

    Report, page 99

  • FTE

    446.3 FTE

    Column: As at June 2026 · as at June 2026

    Printed as 451 446.3 388 12 396.4 51 49.9

    Report, page 99

Executives and remuneration 6

  • Total remuneration

    $8,363 thousand

    Column: 2026 $'000 · 2025-26

    Printed as Total remuneration 8,363 7,813

    Report, page 75

  • Total number of executives

    35.0

    Column: 2026 $'000 · 2025-26

    Printed as Total number of executives 35.0 28.0

    Report, page 75

  • SES-3

    1

    Column: Number · 2025-26

    Printed as SES-3 1 0 0 0 1 0 n n

    Report, page 101

  • SES-2

    7

    Column: Number · 2025-26

    Printed as SES-2 7 -1 2 0 5 -1 n n

    Report, page 101

  • SES-1

    15

    Column: Number · 2025-26

    Printed as SES-1 15 2 7 2 8 0 n n

    Report, page 101

  • Total

    23

    Column: Number · 2025-26

    Printed as Total 23 1 9 2 14 -1 0 0

    Report, page 101

Consultancies 1

  • Details of consultancies valued at $10,000 or greater

    $4,942,250

    2025-26

    Printed as The total expenditure incurred during 2025–26 in relation to these consultancies is $4,942,250 (excluding GST).

    Report, page 104

About the document

Edition
Current edition
Reading status
Read by OPAX
Pages
126
Figures not found in the report
Executive average remuneration; Head remuneration