Tag Archives: megaprojects

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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XRR business case should be released in full to give public comfort it is value for money

Yesterday, the Queensland Government sent the Federal Government the business case for the $5 billion Cross River Rail (XRR) project, but alas it has only provided the public with an inadequate, opaque four-page (not counting the cover page) summary of … Continue reading

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Transparency and good governance essential for successful infrastructure projects

After my recent post on mega-projects, I came across this excellent presentation, by a Jacobs consultant and an Adelaide University academic, which was delivered to a conference in Adelaide last year: Jacobs presentation on infrastructure risks and mega projects The … Continue reading

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Cross River Rail equals mega-project equals mega-risk

Shadow Assistant Treasurer Andrew Leigh is a very good economist, so I hope he is encouraging his colleagues to wait for and fully scrutinise the Cross River Rail business case being delivered in June, before the Federal Opposition commits to … Continue reading

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$5 billion Bus and Train Tunnel has unimpressive benefit-cost ratio

The Environmental Impact Statement (EIS) for the Bus and Train (BaT) Tunnel from Dutton Park to Spring Hill is out for comment, and I’m rather unimpressed by the benefit-cost ratio, estimated by Deloitte at 1.16. That is, benefits are estimated … Continue reading

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