ACT Light Rail costs blowout

Click link to original version of this comment at Macrobusiness  (link may be locked – but there is a free trial available)

$600M for 12km is very cheap when it comes to these types of Ozzie Boondoggles so expect plenty of announcements that the public purse has a large piece of tram track jamming it open.

That 11km section of new rail in South Western Sydney came in at $2B Continue reading

Can a special levy save the ACT Light Rail?

Click link to original version of this comment at Macrobusiness  (link may be locked – but there is a free trial available)

“…They had also better double-check that the rail is genuinely needed: no benefit, no uplift….”

That is a very important point.

A LVT is an excellent way to harvest a vase of Daffodils but a white elephant remains a white elephant. Continue reading