East West Tunnel

[Thryleon]

So Thry, are you saying the contractors simply walked away with nothing?
Are you saying the State Government didn't buy the houses?

Not at all.

I am saying that they use wild numbers to bring up the total dollar value, not recognising tangibles.

i.e.  they spent money to buy houses and land, which resulted in an increase in assets to go with expenditure, and that those assets have dollar values that are increasing in time because inner city land values change.


Just like they state the public holiday for the grand final costs 1 billion dollars.

Understand?

I seem to recall that 300 million was sitting in coughers earning interest waiting to be spent on the project, and that the federal government demanded the money back from the state government in order to hamstring the state government.

As a voter, I hate all politicians as I see them for the snakes they are.

In this case we have Federal (Liberal) contributing to ensuring that the state government (Labor) look bad.

Why is that do you think?

As for the contractors, who knows what dollars they actually walked away with, but there is no chance that they walked away with more money than it was originally going to cost to build the fricken thing.  This is all political tit for tat rubbish and the only person footing the bill is joe average at the end of the line.