Summary The good news is that revenue from the sale of housing built on the 21 square km of new ‘land’ created above the trenches in the inner-city of Melbourne, Sydney and Brisbane by HSR would be enough to pay for the whole capital cost of HSR, FFR from Melbourne to Brisbane and the housing […]
Private Financing of High Speed Rail in Australia
The work of John Alexander’s Committee of Inquiry into HSR and value capture to date and the announcement of the CLARA Project base on value capture have spurred me to revisit my thinking on paying for the private VFT Project for High Speed Rail (HSR) and Fast Freight rail (FFR) and housing between the west […]
Comments on the CLARA HSR Proposal
3/52 Grey StEast MelbourneVic 30020419 006 002peter.knight@veryfasttrain.com.auWWW.veryfasttrain.com.au 17.7.16 The EditorThe Australian Dear sir Comments on the CLARA HSR Proposal Advantages The CLARA (Consolidated Land and Rail Australia) project is impressive, indeed “uplifting”. It is predicated on Maglev technology, which is extremely fast. It would take only 1 hour 50 minutes express from Sydney to Melbourne, […]
Issues for Australia Addressed
Australia and other countries are experiencing voluntary, self-imposed austerity by consumers and companies. They are restraining consumption and investment. As a result, incomes and growth are below the long term average increase. People are unwilling to accept government austerity as well. It could take 10-20 years for austerity to unwind. It might get worse. It […]
Why High Speed Rail should be built in Australia now
Australia and other countries are experiencing voluntary, self-imposed austerity by consumers and companies. They are restraining consumption and investment. As a result, incomes and growth are below the long term average increase. People are unwilling to accept government austerity as well. It could take 10-20 years for austerity to unwind. It might get worse. It […]