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Line up to spend Melb port sale money

AAP logoAAP 19/09/2016

Lobby groups are lining up for their share of Victoria's windfall $9.7 billion sale price for the Port of Melbourne lease.

The 50-year lease sale, which was significantly higher than the government's $7 billion expectation - will be finalised on October 31.

"This is the biggest price ever seen for an Australian port, money that is funding a Victorian infrastructure boom," Infrastructure Partnerships Australia chief executive Brendan Lyon said on Monday.

The deal includes $970 million for rural and regional infrastructure, and the Victorian Farmers Federation says a number of projects desperately need funding.

"(The) government must invest in infrastructure links to the port, such as upgrading our road and rail networks - both in the immediate vicinity and the broader supply chain," VFF president David Jochinke said.

Victorian Transport Association chief executive Peter Anderson said the money should build the North East Link, a missing freeway on the edge of Melbourne.

Opposition leader Matthew Guy said it should go towards making sure level crossings are removed without using elevated rail.

Other opposition MPs said the windfall should fund family violence programs, the taxi industry compensation plan, and a new rail station near St Kilda.

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