'The reason for that is there’s a clear long-term need for ultra-fast transport on the Australian east coast,' Dr James, who is vice-president for worldwide business development in passenger systems, said.

Both of the firms competing to build the futuristic transportation network – Hyperloop One – have reportedly held conversations with the government and private firms regarding bringing the concept to the UK.

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In addition, such huge infrastructure projects would require input from national and local government as well as the treasury, before getting the green light.

Tests in the Nevada desert showed how the system could accelerate pods along a track.

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