Tag Archives: crr

Regional concerns over 2032 Brisbane Olympics

Posted on July 18, 2021 by Gene Tunny

The Queensland Premier, Brisbane Lord Mayor, and federal Sports Minister are flying to Tokyo for the Olympics, to make the final pitch for Brisbane to host the Games in 2032, although we’re the preferred bidder and apparently the only city … Continue reading →

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Here we go again (without JobKeeper) + Cross River Rail looking like an even worse investment now

Posted on June 24, 2021 by Gene Tunny

Firstly, what more can we say about the latest border restrictions other than here we go again, although this time without JobKeeper. Needless to say, this will bring more economic hardship to tourism businesses who need all the trade they … Continue reading →

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

Posted on December 22, 2020 by Gene Tunny

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

Posted on November 27, 2020 by Gene Tunny

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

Posted on November 19, 2020 by Gene Tunny

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

Posted on November 10, 2020 by Gene Tunny

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

Posted on February 26, 2020 by Gene Tunny

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

Posted on September 16, 2019 by Gene Tunny

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?

Posted on July 24, 2019 by Gene Tunny

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

Posted on June 18, 2019 by Gene Tunny

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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