Re: Latest news on Speedrail

[dbromage@fang.omni.com.au (David Bromage)]

David Bradshaw (davidbradshaw@my-deja.com) wrote:

> > > How are they going to get a return? Like all foreign companies it
> won't pay
> > > any tax.
> >
> > Leighton Holdings is an Australian company, and the Speedrail
> operating
> > company will also be an Australian company. The operator will be
> Qantas.
> > There will be GST on tickets, jobs created, and significant reduction
> in
> > the maintenance bill on the Hume Highway.

> Do you think the reduced maintenance cost on the Hume Highway will be
> that significant?

Yes. There are 4 million passenger journeys per year by car between Sydney
and Canberra. It's almost to the stage where extra lanes will be required.

They just spend $320 million duplicating a short section of the Federal
Highway.

Cheers
David