Archive for April, 2008

Eddington report and Infrastructure Funding cracks

Friday, April 4th, 2008

Wednesday’s release of the much anticipated Eddington report has seen many questions asked on the viability of the road tunnel. Analysis of the cost-benefits report show that whilst the rail tunnel will return 1.20 for every dollar spent, the road tunnel will barely come out ahead. $18 billion is required to cover the Eddington plan. [...]

Letter to Crikey on Infrastructure funding – Gavin Putland

Friday, April 4th, 2008

Re. “Babcock bounces as Bear Stearns extracts more value” (March 25, item 17). The Macquarie infrastructure model is dead, not because of any failure to “internalise management”, but because of a failure to tap the benefits of infrastructure in order to amortize the capital cost. The benefit of a new road, net of tolls, is [...]