End of the road for great infrastructure fee grab

31 August 2009Traffic projections for toll roads have far exceeded actual traffic, writes Michael West in The Age


DRIVING through Sydney's Cross City Tunnel is a majestic experience – and one that is certainly unimpeded by the profusion of other motor vehicles. Outside peak hour, a trip through the CCT can verge on the hallucinogenic. It is as if you are the last motorist in the world, racing along a gleaming, neon-lit tunnel like a kid in a video-game parlour - until the unnerving apparition of another motorist jolts the senses.

This is one fine feat of engineering. It cuts the trip time from east to west by 90 per cent. As a business proposition though, it went bust long ago. Motorists in the east and the west tend to drive to the city rather than through it, save perhaps the odd tradie from the west or an eastern suburbsite en route to the fish markets on a Sunday morning, or someone going to visit a long-lost auntie in hospital...

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Photo: Andrew Jeffrey

 

Noticeboard

22 March 2012

The Attorney-General's Department has launched a new inquiry to explore the scope for reforming Australian contract law. There will be a three-month consultation period.

07 March 2012

In May 2011 the Federal Government announced that the Australian Charities and Not-for-profits Commission (ACNC) would commence operations from 1 July 2012 and that it would initially be responsible for determining the legal status of groups seeking charitable, public benevolent institution, and other not-for-profit (NFP) benefits on behalf of all Commonwealth agencies. 

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The Productivity Commission has been asked to report within 8 months on Default Superannuation Funds in Modern Awards. The inquiry covers the design of criteria for the selection and ongoing assessment of superannuation funds for nomination as default funds in modern awards.