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 […]
Waterview
13 posts
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 […]
The Herald reports: As the Transport Agency prepares to open a new motorway through Mt Roskill next week, uncertainty remains over how it will eventually reach the Northwestern Motorway at Waterview. Although a review on using tunnels or a motorway was to have been ready last month, officials are collecting […]
The Herald reports: Auckland business leaders are pushing the Government to save more than $1 billion by controversially building the Waterview motorway link across country, rather than through tunnels. A report sent to Transport Minister Steven Joyce by the Auckland Business Forum is set to unleash furious debate at a […]