I think the major problem is that the Queensland state debt is already $60 billion and set to increase.
While the extension could well stack up in the business case, I would imagine that the state government wants to keep further borrowings under control as much as possible. Extra money from Canberra would be useful in that direction.
The LNP often criticises the government for not building this or that, and in the next breath whinges about the state debt increasing.
Regards,
> On 18 Jun 2019, at 14:52, Dudley Horscroft transitconsult@...> wrote:
>
> If the business case was good, it should be possible to get money from banks, or the semi-banks, or the insurance companies who invest millions, or anyone else with money and looking for a good investment.
>
> If the business case was not good, then one must ask if the economics case really justifies the tramway.
>
> And one must also ask if there is any way that capital need not be spent on some items at present - leaving them for future development if and when really needed.
>
> And one must also ask if it could be possible to do the job in a different manner, with the same or nearly the same outcome, but much lower cost.
>
> Trouble is we have only seen the general outline of the project, with little or no detail other than the number of tram stops.
>
> Regards
>
> Dudley Horscroft
> ----- Original Message ----- From: "Prescott" lenkaprescott@...>
> To: "TramsDownUnder" tramsdownunder@...>
> Sent: Tuesday, June 18, 2019 5:31 AM
> Subject: [TramsDownUnder] Re: State Treasurer regrets no LR extension money in Budget: Gold Coast Bulletin.
>
>
>> I've never seen any FB watermarks.
>>
>> Queensland should pay for this project itself considering the low cost of
>> it. They're just playing petty political games with the feds.
>>
>> Tony P
>>
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