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Re: Bracks supports VHST to Melbourne



In article <8F6E51326telstraNews@139.130.239.94> usenet.spam@gunzel.net (Michael Kurkowski) writes:
>Subject: Re: Bracks supports VHST to Melbourne
>From: usenet.spam@gunzel.net (Michael Kurkowski)
>Date: Mon, 10 Jul 2000 22:48:42 GMT

>martbd@optushome.com.au (Martin Barr-David) wrote in
><3969FBFA.E62857A7@optushome.com.au>: 

>>Get on with building f***ing thing, you w***ers

>Geez, Full of intelligence this post is. Should I give you a 2 out of 10 
>for the fact you could hit reply, type the above garbage and hit "Post"?

>We all would like (with the exception of a minority few) to see a high 
>speed rail link, but I doubt very much that it will happen within the next 
>5 years, if it does. I'm really not holding my breath on the Canberra-
>Sydney project either. Even with Darwin, I'm not going to hold my breath 
>until _the first train has run the entire length of the line for revenue 
>purposes_. Contracts keep being put back. Surely not a sign of someone who 
>actually wants a railway.

>Michael

Yes , the above comments are pretty well spot on.
Getting the private sector to build large railway projects , or indeed any 
major projects where the return on investment isnt guaranteed is very hard.
One also finds that usually the people who want to see the project built or 
even the people who will build the project arnt the same people who will 
ultimately pay for the project.
Getting equity partners (code for the people who put up the cash),usually 
requires guarantees about financial viability / profitability.
For projects like AP to Darwin,Sydney to Canberra VFT,Sydney to Melb there 
simply arnt the guarantees of financial success.
Lets face it , how many people who read this newsgroup would invest their hard 
earned cash in the AP to Darwin railway.
Maybe thats the answer , the PM could sell shares in the Railway,after all if 
Australians can part own a telco why cant they own a railway.

MD