AngrySexagenarian on Nostr: npub1g0tuf…3tvm4 outsourcing it to private corporations with the most insane cost ...
npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) outsourcing it to private corporations with the most insane cost structures.
Major Sydney roads and highways are given to private companies to build with the right to charge tolls.
In one instance, the company that built the eastern distributor broke even 5 years after its completion and is now just maintaining it. Cleaning, replacing burst lights, managing road-base.
I forget the details, but they can continue to collect the toll almost in perpetuity. The govt has therefore no expense to show on the balance sheet, and motorists are paying for the very handsome salaries of the execs of the company that built the thing. Those are cumulative costs. Over the course of its lifespan, the tolls will cover the cost of building many times over.
Last time I travelled through it, it looked like the walls were dark grey, though I know they are clad in a sand coloured veneer of sorts.
Neoconservatism that wants the govt to do little, is costing tax payers and in this instance road users very much more than it would have cost if the govt had built it (like they used to, until some greedy cunt came up with that plan).
There is almost no transit route or highway through and around Sydney that is not owned by private equity.
On one instance they are collecting $28 from each truck that uses the North Connex tunnel. Since it has been opened, it's been illegal for trucks to use the surface road.
Illegal.
Cars and motorcycles have that choice still. If they use the tunnel they pay just under $10.
The tunnel is 9km long (just over 5 miles).
There is almost no goods transport via rail in and around Sydney. It's all on trucks.
28 bucks each trip for 10 km of the only way (there is no other) of carting goods from the northern parts of the metropolitan area into the city and beyond.
#WelcomeToCapitalism
Major Sydney roads and highways are given to private companies to build with the right to charge tolls.
In one instance, the company that built the eastern distributor broke even 5 years after its completion and is now just maintaining it. Cleaning, replacing burst lights, managing road-base.
I forget the details, but they can continue to collect the toll almost in perpetuity. The govt has therefore no expense to show on the balance sheet, and motorists are paying for the very handsome salaries of the execs of the company that built the thing. Those are cumulative costs. Over the course of its lifespan, the tolls will cover the cost of building many times over.
Last time I travelled through it, it looked like the walls were dark grey, though I know they are clad in a sand coloured veneer of sorts.
Neoconservatism that wants the govt to do little, is costing tax payers and in this instance road users very much more than it would have cost if the govt had built it (like they used to, until some greedy cunt came up with that plan).
There is almost no transit route or highway through and around Sydney that is not owned by private equity.
On one instance they are collecting $28 from each truck that uses the North Connex tunnel. Since it has been opened, it's been illegal for trucks to use the surface road.
Illegal.
Cars and motorcycles have that choice still. If they use the tunnel they pay just under $10.
The tunnel is 9km long (just over 5 miles).
There is almost no goods transport via rail in and around Sydney. It's all on trucks.
28 bucks each trip for 10 km of the only way (there is no other) of carting goods from the northern parts of the metropolitan area into the city and beyond.
#WelcomeToCapitalism