Other RoNS to cut back?

Yesterday’s announcement by NZTA that they are scaling back the Otaki to Levin section of the Wellington Northern Corridor Road of National Significance, from a four-lane highway to an upgrade of the existing road, has some really interesting implications – as Matt commented on in his post last night.…
28 Comments

Peak traffic?

Another article has highlighted that Auckland’s traffic volumes aren’t growing anymore – rather stagnating and even falling slightly: More Aucklanders are leaving their cars at home for the commute to work as high petrol prices bite. New figures show almost 900 fewer cars a week travelled over the Auckland Harbour Bridge this year compared with last year.…
49 Comments

The deal on discount rates

In a post a couple of months ago I looked at how the way we calculate the transport benefits of different projects ends up having a huge difference on its cost-benefit ratio. In particular, it was extremely interesting to note that if we had used the British discount rate and length of assessment when analysing the benefits of the City Rail Link project, it would have around five times the amount of benefit compared to the way such a project is analysed in New Zealand.…
5 Comments

Sustainable transport

Yesterday I was invited to speak on Sustainable Transport, as part of the “Friday forum” which is run by the Sustainability Society. My fellow speakers were David Warburton – CEO of Auckland Transport, and Julie-Anne Genter – transport consultant and (on currently polling) likely to be a Green Party MP after the upcoming election.…
3 Comments

Re-analysing the City Rail Link’s benefits

It has been frustrating to see the assessment of the City Rail Link’s benefits become so politicised over the past few months. You would think that something like undertaking a cost-benefit analysis of a transport project would be a fairly objective task, but as we have learned there are so many assumptions made when assessing transport projects – that the objectivity of the process has really become something of a myth.…
17 Comments

The real benefits of the City Rail Link

My post on Tuesday, which looked at the ongoing debate occurring over the economics of the City Rail Link (and the huge under-counting of benefits under New Zealand’s system, by comparison to the UK’s system), prompted some interesting debate in the comments over what the real benefits of this project are, and who experiences them.…
31 Comments

NZTA revisiting their assessment of PT projects

One thing that came across most clearly in the excellent Radio NZ piece about the City Rail Link project that played on Sunday morning was that the difference between the government’s measurement of the project’s cost-effectiveness and the assessments undertaken for Auckland Council doesn’t just come down to whether one is right and one is wrong.…
13 Comments