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Posted

That's like we can be certain of uncertainty.

       Sydney is nearly unfit for human habitation. Twas a lovely place in the late 40's. More money spent on it per Sq Ft than anywhere else in Oz by far.. When is something overcapitalised?.  Nev

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Posted (edited)

TYhat's OK.. Our Crossrail came in at £19bn over budget... that's around $37bn over budget. I don't know too many government large infrastructure programs that come in anywhere near theiur original budgets.

Edited by Jerry_Atrick
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Posted

This ones in a "tricky" bit of topography and was never going to be easy. Luckily? for Sydney it got real with electric trains long ago, though they have had difficulties with repair and safety at times that service has made Sydney a better place. to live than it would have  been otherwise.  Nev

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Posted

I'm not talking about the Suburban Rail Loop, I'm talking about the 10 km link between the Eastern Freeway and Western Ring Road, Bulleen to Bundoora. That's $1.6 bn over budget per kilometre. God knows what the budget was.

 

NELink.thumb.jpg.2ba62c007d5e24e24e545c502fe56f4a.jpg

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Posted

Straying off topic a bit, but at the last Queensland state election, the LNP came up with an election promise to build the Bruce Highway up to four lanes from the border to Cairns within 15 years. They said the estimated cost was $300 billion. The problem for them was that the highway is 80% federally funded and their mates in Canberra, Scotty and Co. would only commit to 20 million.

 

All the experts at the time said even if they had the 300 billion, it would be impossible to build in 15 years. I'd believe that as the new Caloundra turnoff on the highway took four years and a billion dollars to construct. Four years just for one intersection complex.

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Posted

Ever increasing property prices in urban areas is what blows project costs out of the water.

The rail line from Perth to Mandurah went about $1.7B over budget thanks to rocketing property prices.

When the line was first proposed in 2004, it was estimated to cost $291M - it eventually cost $2B.

 

But the initial estimates indicated 18,000-20,000 people would use the line daily - however, the current patronage figures are more than double that figure, around 48,000 users daily.

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Posted

From tonight's news, the original budget was $10 bn but has blown out to $26 bn, and could go further before it's finished. Residents intended to be the beneficiaries now say it's not worth proceeding when the total budget is so excessive and we are screaming for more hospitals, ambos, teachers, police, and firemen. The next state budget is sure to be a shocker.

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Posted

 To put it into Perspective, It will be about 1/10 th of the federal debt caused by Sco Mo's gifts to commerce like Qantas and Gerry Harvey and lack of fairness to a Labor state they never ceased attacking. That's the reason Friedenburger lost the safest Liberal seat in Australia (Kooyong) and Now works for Goldman Sachs.  Nev

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  • 10 months later...
Posted

I see where they are erecting cardboard cut-outs of Daniel Andrews in Scotland so the people can thank him for paying for the Scottish hosting of the Commonwealth Games with Victorians taxes.

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Posted

The cardboard cutout of Daniel Andrews taken to Scotland was a stunt by the Herald-Sun, and Sky News is making a feast of it.

 

But no matter how you look at it, it was certainly a massive waste of Victorian taxpayers funds by Andrews.

 

https://www.skynews.com.au/australia-news/politics/scots-thrilled-with-daniel-andrews-over-decision-which-forced-victorian-taxpayers-to-pay-for-glasgow-games/news-story/c5dec288c6f5e84f4fea28383b26aaa5

Posted

It suggest it was the best decision at the time. It's a declining event and they can't get anyone to host it. SKY (not news) is the absolute worst source of information you can find . . Nev

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