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Cross your fingers on Cross River Rail : Comments
By Ross Elliott, published 13/3/2017In reality, the actual cost of the cross river rail project will be closer to $10 billion – and that's before the inevitable cost blow outs.
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I have long argued against giving developer rights to privatised concerns and this seems to be part of today's message.
Think of Sydney and Melbourne airports's obscene profits from parking or even driving through to make a simple drop-off!
Consider also the situation that led up to the Tullamarine Airport crash which happened not on the airport's former grassed paddocks but on the roof of a warehouse.
Think also of the several Vary Fast Train proposals that pop up from time to time, always with assumptions that development levies and even the proceeds from rezoning along the route and within km's of stations will fall into the proponents' laps.
Or Barangaroo and its Crown Casino.
This tends to support the theory that privatisations and major developments are generally handled by lawyers and commercial organisations, with engineering involvement either subordinated or misled by the spin. Never let the facts get in the way of a good windfall. Accordingly, the top-secret traffic counts and projections are hidden from view... until the disgruntled parties have their day in court, but by then it is too late.
Professional city planners, of course, are seen by proponents and politicians alike as being irrelevant roadblocks who must be excluded.
The back pocket rules the brain, as usual.