Posts by Sacha
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Explanation about cost from Q&A section of Joyce's media release which I don't think any of us have linked to so far:
How will the construction of the Waterview Connection be funded?
A lower cost option of between $1 billion and $1.4 billion can be funded through the NLTF. The NZTA Board makes decisions on funding from the NLTF.
Where is this extra money coming from?
The revised Government Policy Statement on Land Transport Funding (GPS) commits almost $1 billion in additional investment into the State highway network over the next three years. Over the next 10 years, $10.7 billion will now be invested in the state highway network.
This additional investment means that a lower cost Waterview option is affordable to be funded through the NLTF.
How can this option be so much cheaper?
The main reasons why the alternative options are cheaper are that construction costs for building alternative options will be cheaper than for building twin tunnels and the more affordable options are also within New Zealand’s current expertise and available equipment. Total costs will also be lower as no debt financing will be required.
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Back to the Families Commission, Peter Dunne is not at all happy about Christine Rankin's appointment:
"She is divisive and controversial and her appointment will be disruptive to the ongoing work of the Commission"
while Family Fist says it:
"will bring the Commission ‘down to earth’ and rather than being blinded by ideology, it will hopefully start listening to the voice of families"
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Any of them not?
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Factory-owners, too, no doubt. Let's call it job creation.
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Snap.
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But Joshua, wasn't that earlier quote from I/S saying that other NZTF projects would need a source of extra funding? I guess they might just can them, but if they don't then you'd either need a government top-up or extra taxes of some sort, surely?
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I'd like to acknowedge Christopher for being so open with his feelings here. We often don't get to hear the very real emotional impact of taking up community leadership. I doubt Joyce is feeling any kind of concern.
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That most recent Herald story concludes:
Mr Joyce said using a public/private partnership was not being proposed in this case and increases to transport funding meant it was the most cost effective way of paying for the road.
In what way can using the existing transport fund be cheaper? Does servicing the interest in the NZTF somehow cost less than general Crown borrowing for the same amount would? Hoping a journalist asks those types of questions or we're in for snowjob.
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Geoff, I love the way True Blood weaves in the racial politics so skillfully.
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I'm not personally suggesting any impropriety, just that aligned ideologies tend to sound the same.
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