Yesterday's press release was quoted in The Age article Pay Up: Grand Plan to get big projects built. After quoting the soft option of tolling drivers, which has failed spectacularly as a financing mechanism in NSW and QLD, the article moves on to quote the RACV's...
BLOG: value capture
Mernda Infrastructure: The Public Right to a Return on Investment
With ALP leader Daniel Andrews' announcement today of plans to extend the rail line to Mernda, the question arises of how to finance it. “The $600m cost will probably be sourced from general revenue. But we ask, why don’t the public receive a better return on...
Infrastructure Funding Diversity
Cross posted from The Conversation By Chris Hale Public transport has a problem with money. Campaigners often argue that mass transit is a public good in its own right, and hence should be very cheap or even free. Mainstream media and even many self-proclaimed...
Privatisation and Public Finance
photo credit: Peter Blanchard The failure of both sides of politics to understand the role of effective public finance is undermining Australia's future. Stamp duties in Victoria are plummeting, undermining the Baillieu government's determination to deliver a budget...