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Sydney is dealing with significant delays and cost overruns on major public projects. The long-awaited light rail line will now be built in two separate sections, and the cost of the city's main metro station has ballooned far beyond initial secret forecasts. The new $836 million Sydney Fish Market has finally opened at Blackwattle Bay, but its design and transport links have drawn criticism from vendors and a local rowing club.
At the same time, the city is grappling with a severe housing crisis. The median house price has hit a record $1.76 million, and weekly rents have reached a new high of $800. The government has quietly abandoned a plan to build 1,500 homes. Separately, dozens of flights were cancelled at Sydney Airport due to a staffing issue, and the SXSW Sydney festival has been cancelled two years before its taxpayer-funded contract was set to expire.
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