Tag Archives: crr

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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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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Economics of infrastructure interview with Craig Lawrence of Lytton Advisory

I spend much of my spare time listening to podcasts, including EconTalk, Planet Money, and the Tim Ferriss Show among others, and I’ve often thought it’s about time I start my own podcast. Over the last month or so, I’ve … Continue reading

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How much land value uplift could Trad expect from Cross River Rail?

Queensland Deputy Premier-Treasurer Jackie Trad is facing a serious political crisis, after she delayed in declaring her husband purchased an investment property that could potentially be worth tens of thousands of dollars more as a result of the award of … 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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Qld construction industry outlook for 2019 discouraging despite #BNE2025 projects

My colleague Nick Behrens from QEAS has published an informative post on the major projects, such as Cross River Rail and Brisbane Live, which will boost construction activity in Brisbane in future years: The BNE 2025 projects represent a renaissance … Continue reading

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