Thread: Which Disco owner caused the BrisConnections trading halt?

Probably caused by identity confusion. Disco with a Jeep spare wheel cover.
Hope my FIL doesn't see it or I'll have zero chance of ever getting him to stop calling my Landrovers "Jeeps"

Steve

Today's Courier-Mail gives the following figures for vehicle numbers and % of target:-

Airport Link 53,172 39%
Clem 7 26,456 26.5%
Lane Cove Tunnel 58,000 50.43%
Sydney Cross City 34,000 38%
Melbourne Eastlink (original forecast 300,000/revised down to 209,900) 195,000 65%/93%.

It would appear we overtaxed motorists are very adverse to paying tolls in addition to all the other taxes imposed on motoring.

The Clem 7 company went into receivership ten months after opening with debts of $1.3 billion!

Airport Link claimed the work as an asset of $4.8 billion and now admits it is worth far less than is owed.

In the meantime work proceeds on the $1.7 billion Legacy Way which is forecast to run at an operating loss annually of $100,000,000.

This is the legacy of our state premier self-titled "Can-do" Campbell Newman from his time as Lord Mayor. Maybe better titled "Un-done" as his grandiose dreams are un-wanted, un-necessary, un-used, and un-affordable. The last of the big spenders. Another politician good at spending other peoples money. Brisbane's ratepayers have been saddled with generations of debt from these schemes.

A fraction of the money would have built cross-river bridges at Bulimba-Ascot, Bulimba-Newstead, Norman Park-New Farm, West End-Toowong, Fairfield/Dutton Park-St.Lucia which would have kept the traffic out of the central city that currently has no choice but to go into the city centre to cross the river.

i dont know why this seems a surprise to everybody considering Clem 7 is in the same boat and i bet my bottom dollar Legacy Way will end up the same......

I rarely have a need to use either the Clem 7 and Airport Link purely because i live on the outskits of Brisbane and they are no where near where I work..........

I do use them for the odd trip that i do into the CBD.....cuts out a heap of traffic lights

Originally Posted by Brian Hjelm

A fraction of the money would have built cross-river bridges at Bulimba-Ascot, Bulimba-Newstead, Norman Park-New Farm, West-End-Toowong, Fairfield/Dutton Park-St.Lucia which would have kept the traffic out of the central city that currently has no choice but to go into the city centre to cross the river.

If this government/mayor/whatever wanted to keep traffic out of the City they would have made the Gateway bridges free and charged a toll for the Storey Bridge. As it is the two Gateway bridges keep on raking in a fortune as there is no easy way to bypass Brisbane.

Ivan

Originally Posted by Ivan

If this government/mayor/whatever wanted to keep traffic out of the City they would have made the Gateway bridges free and charged a toll for the Storey Bridge. As it is the two Gateway bridges keep on raking in a fortune as there is no easy way to bypass Brisbane.

Ivan

The Gateway bridges are really part of a motorway linking the Pacific and Bruce Highways. They are not convenient for use as city traffic bridges except for residents of the bayside and near suburbs. They get a lot of city traffic as there are no alternatives. I live at Norman Park and if you look at a map you would think that the gateway bridges are handy for me. Not so. The southern end of the first gateway bridge is as far from my home as the Valley Fiveways on the north side. I still go to the airport by Story Bridge and Kingsford Smith Drive.

I would very much like to be able to use a bridge linking Wynnum Road. Norman Park and Brunswick St. New Farm. Likewise one linking Apollo Road Bulimba and Hamilton/Ascot.

Originally Posted by weeds

i dont know why this seems a surprise to everybody considering Clem 7 is in the same boat and i bet my bottom dollar Legacy Way will end up the same......

I rarely have a need to use either the Clem 7 and Airport Link purely because i live on the outskits of Brisbane and they are no where near where I work..........

I do use them for the odd trip that i do into the CBD.....cuts out a heap of traffic lights

Coming in from Brackenridge, why don't you go via Zillmere, Wavell Heights, Kalinga, Wooloowin, Albion. Hardly any traffic lights that way.

One did not have to be a Rhode’s scholar or Einstein to see that these tunnels were not going to pay for themselves at the high fees charged if the fees were lowed to a more affordable rate that the general public and the transport industry could afford, the volume of traffic would increase ten fold. But because I did not go to Uni and more self educated I suppose there are things I don’t see or know.
I predicted this was going to happen when they announced the cost to use the Clem 7 tunnel. And any other toll in excess of a dollar – two dollars is beyond the average person today when a tunnel is used on a regular basis.

Hodgo

So you think you have expensive tolls, try this quick quiz.

Choose a location about 50Km from the CBD and chose the fastest route then calculate the toll!

In Sydney from Richmond Road to Hyde park (M7/M2/LCT/HT) will cost a car $16.21 each way or anything else $30.16. (each way.)

Or Wallgrove Road to Macquarie Street (M7/M5/ED) in a car $17.05 or $26.95 other vehicles. (each way)

And they may not even be that fast.