Will sinking money into raising London Circuit be worth it? Probably

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ANALYSIS: Will sinking money into raising London Circuit be worth it? Probably

One is the prospect of the ACT losing the expertise it gained while the first light rail stage was built.

Further delays would likely result in Canberra's rail workforce leaving for jobs on the vast amount of projects about to begin in New South Wales and Victoria.Another factor is timing: with interest rates extremely low, borrowing money now is akin to borrowing money at no cost. . It says a more urgent problem is the lack of public transport linking Belconnen and Queanbeyan to central Canberra.

 

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MarkusMannheim If those arguments apply to a project with a BCR of $0.60, it would presumably apply even more forcefully for projects with $0.60. Eg. dedicated bus lanes(increase funding for buses in general) has been noted by Infrastructure Australia as an efficient capital investment

MarkusMannheim 'the community's return on building the Gunghlin-to-City line was estimated to be about $1.20 for every dollar'. I assume you mean Gungahlin?

MarkusMannheim Good to see you back

properly-applied algorithms with use of big data, spending can be peer-reviewed and it's positive financial impact accurately measured however, be careful that such tools aren't misused to cherry-pick data politicians' jobs can be better done by a.i., including their corruption

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