Well done to the CBT’s Jon Reeves, ably assisted by Barry Palmer and Ross Galloway: Leading rail industry consultants have added weight to a campaign to run a commuter train between Hamilton and Auckland, saying economic benefits would “comfortably” exceed operating losses. They predict $15.5 million over 15 years in […]
Yearly Archives: 2009
167 posts
Steven Joyce really is beginning to annoy me as Transport Minister. Not only has he trodden all over the people of Mt Albert and Waterview, in deciding to can the Waterview tunnel, but he lives in a bizarre dreamland where he thinks that funding for future transport projects should be […]
The Herald reports that the Government has canned the Waterview tunnel, but hasn’t announced what it will be replaced with just yet. The Transport Agency is expected to make a decision today. The maximum budget for the project will be $1.4bn. Act MP John Boscawen thinks the whole thing can […]
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Let’s just say Auckland had $2.2 billion to spend on transportation. This money is from a crown grant rather than from petrol taxes, so there’s no real bias from the school of thought that petrol tax money should be spent on roads. Therefore, all different types of transport projects could […]
With most business opportunities, it is possible to calculate the expected monetary benefits and costs, while considering other factors such as the opportunity cost of capital and project risk.A similar approach for transport infrastructure projects is also attractive. Just work out the benefits in today’s money, divide this by the […]
Parliament yesterday had some interesting discussion about progress on deciding which option of the Waterview Connection is likely to be built, if any at all. It seems like Steven Joyce has got it into his head that the poor cost-benefit ratio of the Waterview Connection (only 1.15 and I have […]
Conflicting stories from within ARTA have apparently now been sorted out, as Mathew Dearnaley writes in the Herald. Sharon Hunter from ARTA has emailed me and confirmed: The introduction of Onehunga passenger services is planned for introduction in the first part of 2010 following on from the completion of Newmarket […]