Sydney ratepayers must miss the albino pachyderm that was their late beloved monorail, formerly of their parish. It may have stopped at no useful locations and cost more than a taxi to go there but at least the liability had been paid off and it only cost them operating overheads.
It was removed a few years ago but, rather than learn a lesson about crap public transport projects nobody asked for, the State Government decided to spunk ratepayer’s money on light railways.
How’s the value for money been so far?
The +30% figure is conservative, by the way. That’s a calculation by a journalist based on public information. The real figure when (if) the line is completed is likely to be an order of magnitude greater. Sydneysiders should prepare the wallets for close to $3bn when the final invoice has been counted.
Actually, it’s not the ratepayers in Sydney we should feel sympathy for; the ratepayers of regional NSW are up for the same bill but none of the eventual benefit.
This isn’t my area of expertise, so I welcome illuminating comments below as always.
However, it would seem that there’s been a fundamental disconnect somewhere between the NSW infrastructure planning department and the legal counsel to have let such an obvious issue of subterranean cables be so vaguely contracted for.
Do you think any civil servant will have lost their job over this $576m screw up?
The eternal lesson is there for another generation; if you want something done badly, get a government department to do it.