Australians love the idea of high speed rail but the report released yesterday for public consultation by the federal government shows it would be a very poor way of spending public money
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What are the benefits of east coast High Speed Rail?
The Greens released a report this week claiming an east coast High Speed Rail line would deliver benefits of $48 billion. Trouble is, it would cost much more than this to build and would mainly benefit regional leisure travellers
READ MOREHow important are the regions for HSR?
The exhibit above is one of the ‘money’ graphs from the High Speed Rail study – Phase One report released on Thursday by the Minister for Transport, Anthony Albanese. In my last post, I concentrated on doing a broad but quick response to the report and questioned the wisdom of spending mega dollars on a [...]
READ MOREWhat does the new HSR feasibility study say?
I’ve had an admittedly rushed look at the Executive Summary of the High Speed Rail Study – Phase One, released today by the Minister for Infrastructure and Transport, Anthony Albanese. I’ll have a closer look at the full report shortly, but for now here are a few initial thoughts. Today’s report is Phase One. It [...]
READ MOREHSR feasibility study: what should it address?
There’s a long history of rent-seeking in Australia over major projects. Business puts a lot of effort into lobbying government and the media to subsidise projects the private sector wouldn’t otherwise touch with a bargepole. So when IPA (Infrastructure Partnerships Australia) – the nation’s peak infrastructure lobby group – releases a new study calling for [...]
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