Tag Archives: crossriverrail

Brisbane Inner City still the biggest beneficiary of Qld Gov’t CAPEX

Following last year’s state budget, I posted on how Brisbane’s inner city was the big winner regarding state government capital spending. That continues in 2020-21 with the continuation of the huge Cross River Rail project (see chart below). Out of … Continue reading

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Transcript of Megaprojects chat with Marion Terrill of Grattan

A couple of weeks ago I spoke with Marion Terrill of the Grattan Institute regarding her new report on The Rise of Megaprojects (check out Megaprojects chat with Marion Terrill from Grattan). Marion made so many excellent points in the discussion … Continue reading

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Megaprojects chat with Marion Terrill from Grattan

The Queensland Government’s troubled Cross River Rail project is a good example of a multi-billion-dollar Megaproject at risk of cost blowouts and falling short of projected benefits, as I posted on last week (Cross River Rail scrutinised by Grattan and … Continue reading

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Cross River Rail scrutinised by Grattan and AiP

Brisbane’s under-construction inner city subway system Cross River Rail has been identified as an example of a risky megaproject (a $5bn+ project) subject to cost blowouts by the highly respected Grattan Institute in its latest report The rise of megaprojects: … Continue reading

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City Infrastructure with Craig Lawrence – Economics Explained ep.26

At this stage, the official line is that Queensland’s local government elections will still go ahead on Saturday 28 March despite the coronavirus threat, although the Queensland Electoral Commissioner has told ABC Radio “Things could change…” (see this ABC News … Continue reading

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Cross River Rail cost blowout means project doesn’t stack up

Based on recent Courier-Mail reports of a huge cost blowout, the Cross River Rail project could deliver a net loss to the community of around $5 billion, or almost $1,000 for every Queenslander.  The latest news about the troubled Cross … Continue reading

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Qld Gov’t CAPEX – Brisbane’s inner city the big winner

Brisbane inner city workers and residents should start expecting some heavy construction activity around them soon as Cross River Rail capital expenditures are expected to amount to around $1.48 billion in 2019-20, according to the Capital Statement in the Queensland … Continue reading

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Trad’s Cross River Rail & state budget plans wrecked by Coalition victory

Queensland Deputy Premier and Treasurer Jackie Trad and her senior Treasury officials will be vexed by the implications of the shock federal Coalition victory yesterday for Cross River Rail funding and the state budget. I expect Trad and state Treasury … Continue reading

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Industry groups right to say Qld economy failing to create the number of jobs needed

I am pleased to see that peak industry bodies (e.g. the Property Council of Australia and the Infrastructure Association of Qld) are saying the same thing I have been regarding Queensland’s lacklustre jobs growth, with the Sunday Mail* today reporting: … Continue reading

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Inner Brisbane Cross River Rail CAPEX comparable to statewide education CAPEX

Just before I appeared on 612 ABC Brisbane’s Breakfast program last week, one of the presenters Bec Levingston asked Deputy Premier Treasurer Jackie Trad what it would cost to air condition every classroom in Queensland, a question she obviously couldn’t … Continue reading

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