Re: Latest news on Speedrail

[David Head <david@nmit.vic.edu.au>]

David points it out clearly as savinf the roads from further congestion, it
will assist in the safty (road toll), and will probally affect the trucks as
parcels and the like will go by train, alot quicker than truck, and cheaper
than air. I wouldn't be surprosed that they run a frieght only verion of their
trains. True they cannot take the weight and bulk of containers, but I
susspect this traffic will be a good money earner......

Regards,
David Head

David Bromage wrote:

> 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