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Motorways Archive
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Yet more debt to finance Sydney’s toll-way expansion
Posted on November 22, 2010 | No CommentsBut will $740 million be enough to complete the M2 widening? Out of $740 million of new loans given by banks to Transurban, $465m are only for refinancing old M2 […] -
Transurban’s M7 traffic 38% less than expected
Posted on November 15, 2010 | No CommentsAccording to Transurban’s ASX press release dated 17thFebruary 2003 on the financial close of the Western Sydney Orbital, now M7 (Project debt of A$1.25 bn and A$ 980 million equity) […] -
Tollopoly on Sydney’s orbital
Posted on November 11, 2010 | No CommentsRound and round we go How that helps the money flow Or: why we always need new toll-ways Nov 11th, 11:11 hrs. The silly season has started. Time for a […] -
M2 widening increases Sydney’s oil vulnerability
Posted on November 9, 2010 | No CommentsIn its final report on the M2 widening the RTA claims again that: “With reference to the M2 Upgrade project, traffic modelling across the Sydney network indicated that the proposed […] -
Quick Risk Analysis for M2 Widening (part 2)
Posted on October 29, 2010 | No CommentsThe NSW government still has not understood the risks involved when approving the M2 widening while global oil production is set to decline. Wider M2 will drive deeper into motorists’ […] -
Sydney’s RTA about to pull down public transport infrastructure (part 1)
Posted on October 25, 2010 | No CommentsSindney goes backwards in public transport. Part of the M2 widening, the RTA is about to pull down a bus ramp connecting the M2 bus lanes with Epping station. This […] -
RTA fails to present business case for M2 widening (part 1)
Posted on September 21, 2010 | No CommentsIn its latest document the RTA fails to present energy calculations to support a business case for the M2 widening. Banks who consider financing this project need first to find […] -
M2 widening primary energy dilemma for cars
Posted on June 19, 2010 | No CommentsThe M2 widening proposal can be viewed here: http://www.hillsm2upgrade.com.au/ea_documents.htm We superimpose traffic forecasts from chapter 7.2.3 on page 72 with crude oil and condensate projections of Geoscience Australia Source of […] -
Brisbane motorists bypass the Bypass Tunnel
Posted on June 10, 2010 | No CommentsIn a new twist of Brisbane’s road tunnel saga motorists avoid the newly opened North South Bypass Tunnel (renamed into Clem7) The original strategy of 5 TransApex road tunnels in […] -
Negative net present value for Brisbane’s Northern Link Tunnel in next oil crunch
Posted on April 30, 2010 | No CommentsNorthern Link gets the go-ahead Brisbane City Council’s $1.7 billion Northern Link tunnel has received state government approval, paving the way for work to begin later this year….The Federal Government […]