The Forum > Article Comments > Infrastructure Australia: no teeth, no money, no hope > Comments
Infrastructure Australia: no teeth, no money, no hope : Comments
By Everald Compton, published 1/4/2014Of all the nations in the G20, Australia’s record in creating modern infrastructure is the least progressive and most inefficient.
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Posted by Ludwig, Tuesday, 1 April 2014 9:33:24 AM
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You make a number of interesting worthwhile points Evald, but I have some issues!
Why in heaven's name, would you sell an income earning asset, that was adding money to a pool of funds, that remained exclusively, the property of infrastructure Australia! Which would then allow the authority to borrow against, in order to unlock essential capital, and remember, Governments can raise money for less than half of that of private enterprise; and private enterprise traditionally borrow their own investment funds, as a tax minimizing strategy, which means a lose/lose outcome for Australia. What we haven't tried, are thirty year self terminating bonds. And we stand almost alone in that aspect. These bonds would allow us to raise foreign investment capital, while retaining ownership, and or, our own economic sovereignty! And any and all income earnings. Thinking within a fixed circle of ideas limits the questions. When the questions are limited, so also are the answers; and selling of the national estate is just not one of them; and MUST BE resisted by all who retain the ability to think critically, and for themselves. If only were were led by people with a modicum of vision, we would have retained our own iron ore and coal mining industries, with hundreds of billions retained, along with quite massively enlarged tax receipts, which in turn, could have been invested in essential infrastructure. Rapid rail, an inland canal, a fleet of nuclear powered roll on roll off ferries, hugely expanded, low cost housing? Rhrosty. Posted by Rhrosty, Tuesday, 1 April 2014 10:14:57 AM
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Please add the appalling nature of federal administration: political appointments, partisan ministers (over priorities, the transparency or not of process, industrial millstones over maritime labour etc), intimidated industry lobbies always praising even idiotic policy pronouncements, and a top-down approach to "taxes and levies" as opposed to regional assemblies "happy to pay for OUR priorities".
Posted by Frederic Marshall, Tuesday, 1 April 2014 10:38:08 AM
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ITS THIS ONSESSION WITH POPULATION 'GROWth'
more grow=MORE INFASTRUCTURE..[a chance to gold plate it] a chance to privatise it[so we can build more that then can be privatised til everything is proffit based and service a thing youi only get for capitalists gain. we just want just governance govt is govt and private capitalists do as they want..with their own cash but it used to be we had builders/building things[often with govt assistance] but now we got richly income positive know nuthings do nuthings just looking to by some aqsset with all that lovely compulsory super that rolls in each payday. govt NEEDS TO EXTRACT THE MINERALS not build the future toll ways..[its pathetic how big mONEY LENT BIG MONEY TO COUNLCIL..TO PUT IN WATER METERS/THAT STATE GOVT TOOK OVER ONCE IT WAS DONE[AND THE COST TIED BACK TO RATE[PAYERS THEN LIKE THEY DID WITH SEWERS POWER WATER THEY TAKE THAT CASH..BUILD THE NEXT CASH COW[AND OUR POWER DOUBLES..]THE THINKING IS WE MANY CAN FIND THE EXTRA ..SOMEHOW..[AND YES WE DO..OK SO WE DONT SP[END MONEY ON GOING BOATING OR GOING TO THE GAME..OR FORGO THE HAIRCUT..OR EXTRA BOTTLE OF BOOZE THING IS THATS REFLECTED BY THE CLOSED SHOPS EACH ONE A VICTIM OF LAZY GOVT POLICING MORALITY OF ITS PEOPLE WHILE GIVING UNLIMITED LICENSE TO EXPLOIT THE PEOPLE[WHO FORMED GOVT TO SERVE AND PROTECT..THEM* BUT THEY[THEM]/THE CRIMINALS HAVE SUBVERTED GOVERNING INTO SERVING THE DEAD COOPERATE CORPSE..PROTECTING THE DEAD FROM THE LIVING.. stop wasting our money on infrastructure you only going to sell OFF FOR CENTS ON THE DOLLAR..TO SAME INSANE MONEY ADDICT..THAT OBTAINED BY FRAUD ..NEVER GAINS A CLEAR TITLE http://forum.onlineopinion.com.au/thread.asp?article=16076&page=0 PROCEEDS OF CRIME WILL REVERT BACK TO THE PEOPLE BEGOTTEN BY THOSE WITH UNLIMITED GReED WHo got rich..by creating need pul ya head in..if you build it..you own it stop growing by importing ignorant savages its dumbing the lot of us down..there comes that time where survival becomes more importanT..THAT GROWING IGNORE THE ENDING BUT SEE THAT SAID RE POWWER..APPLIES TO ALL THE SILVER THE INVESTERD SUBVERTED FROM SERVICE INTO CAPITALIST GAIN http://power4patriots.com/video/ll/index-l.php?subid=lumkhyth_51_13932324 Posted by one under god, Tuesday, 1 April 2014 10:57:28 AM
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As a young man, I spent a few years [summer holidays,] in New Zealand, chasing construction projects, and high wages.
While there, I noted that the Christchurch City council, built an International air terminal at Harewood, during the 60's and retained all and any income. Then built a toll tunnel connecting Christchurch and Lyttleton harbor. The ten and twenty cent toll, was less than the cost of the fuel used taking the much longer tortuous alpine route over the hills, and cut hours off the journey. Because of the much lower funding paradigm and no international tax avoiding parasites to accommodate, the tunnel, [traffic,] paid for itself inside three years and thereafter, raised increasing revenue, for the council, which responded to people power, by removing the toll? They then build some bridges etc/etc, that eliminated dangerous level crossings, and the usual delays, that had contributed to peak hour gridlock. I'm informed the tunnel and those [pre-stressed steel reinforced bridges etc/etc, survived the worst earthquake in Christchurch's living memory. The death toll was, I believe, largely down to quite risible heritage listings, and private enterprise, money saving building shortcuts, undertaken in a known earthquake area? Rhrosty. Posted by Rhrosty, Tuesday, 1 April 2014 10:59:40 AM
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I note an assumption that private ownership is essential.
I see not a word of justification for this opinion. Methinks the author may be beating his own drum. Besides which, since when has infrastructure meant only land transport of the kind which crosses state borders - ie road and rail? Why not: Revisit the now crippled and visionless National Broadband Network,or Improve urban transport in the major cities; or Breathe some life into effective national responses to climate change, or Put proper tourist facilities into and adjacent to our many inaccessible national parks? Each one of these will help Australia to have a prosperous future as well as to be a nicer place to live or visit. Posted by JohnBennetts, Tuesday, 1 April 2014 12:14:59 PM
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We have very rapid population growth, which means we have a constantly rapidly increasing demand for infrastructure!
We are building infrastructure, at a great rate. Enormously so. New houses, hospitals, schools, upgraded roads, and everything else that we need.
But all of this is just pandering to the ever-increasing demand. It is just duplicating everything for more and more people, and is NOT leading to significant improvements.
We are chasing the tail of demand, which is always staying a big step ahead of supply!
THIS is the number 1 issue here!
If we want to properly address the infrastructure issue, then we ABSOLUTELY need to address the demand side of the equation, not just the supply side!
If we were to significantly reduce the immigration rate, with all else being equal, we’d make a HUGE difference in the effective provision of infrastructure.
We are currently spending in the order of 80b$ annually just to duplicate all the necessary infrastructure for the annual immigration intake!!
This is just obscene.