Friday, June 3, 2011

Editorial - Underground rail costs up to Auckland ratepayers

Tranzwatching in Auckland, New Zealand

Government financing of the Auckland underground rail loop has been rejected by Minister of Transport Stephen Joyce,  on thre grounds that cosy-benefit studies don't stack up. An Editorial in the NZ Herald 
analyses how their can be such a big disparity in studies and cosyings done by consultants employed Government and those by Auckland city and goes on to suggest it is now up to Auckland rate [local tax] payers as to whether they wish to foot the $2.4 billion bill.

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