The NSW Minister for Transport, announced mid-2001 that the State Government would allocate $1.3 million for the development of the Werris Creek Railway Monument. The Australian Railway Monument (ARM) is a tribute to the railway industry and its employees for their contribution to Australia's development.
There are two major parts, a monument including an honour board of names commemorating those people killed while working on the railways and an exhibition hosting a series of graphic displays. The themes investigated cover selected topics relating to the history and operations of the railways.
The Australian Railway Monument is being developed through a series of initiatives grouped under the ARM Project, funded by RailCorp and managed by the ARM Facilitator Team.

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