Northern Link tunnel

[#Metro]

From the "Transport Plan for Brisbane 2008-2026"
http://www.brisbane.qld.gov.au/BCC:BASE::pc=PC_73

Each potential project is subject to:
    * detailed investigation
    * cost benefit analysis
    * funding availability

Projects will be reviewed at least every five years to assess the changing needs of the city.

Apparently they should have that info...

[paulg]

The EIS has been approved:
http://www.abc.net.au/news/stories/2010/04/23/2881336.htm

Interesting to see how this one pans out given the very low traffic figures released for the Clem7 (~20,000 per day, when they are banking on 60,000 ramping up to 100,000 per day after 18 months).

Unlike Clem7 and Airport Link, Brisbane ratepayers will foot the bill if the traffic forecasts for Northern Link aren't right.

It looks like Rivercity Motorway will have trouble meeting their interest payments on the Clem7 (see this blog for some good analysis http://blog.intelligentinvestor.com.au/bristlemouth/traffic-trouble-for-rivercity/). Airport Link are relying on even higher traffic forecasts to generate the revenue they will need (200,000 per day in the Bowen Hills to Kedron segment). I won't be surprised if they both end up in receivership, just like the Cross City and Lane Cove tunnels in Sydney.

Here's another article:
http://www.smh.com.au/business/tunnel-failure-could-lead-to-ratepayer-pain-20100422-tfon.html

Time to redirect the Northern Link BCC borrowings and $500m federal contribution towards Cross City Rail

[#Metro]

Hi PaulG

Thanks for the Info.
The EIS is here for all to see: http://www.northernlinkeis.com.au/

Here is the "Justification" bit: http://www.northernlinkeis.com.au/traffic.html

[Jon Bryant]

Claiming traffic congestion reductions is pure and simple falsification of results. NO Road has ever decreased congestion or these roads would not be needed so urgently.  The Clem7 prospectus was misleading and fraudulent and so is this EIS.  How do we hold the publishers of these documents responsible for stating false information or at least professonal negligence.