Should impact on land value be part of the cost-benefit analysis?
Submissions to the Board of Inquiry hearing of the Kapiti Expressway project have highlighted what seems to be a pretty critical hole in the cost-benefit analysis process: that the impact on land values of transport projects is simply ignored when it comes to assessing whether they stack up or not – that is whether they lead to an economic gain or not.…
What’s rotten about transport – the politics or the profession?
Over the last week or two we’ve highlighted that there’s something really rotten going on about transport planning and policy in New Zealand. Here are the highlights: NZTA deliberately fudge the numbers in a report looking at justifying a $5 billion transport project, by far the most expensive transport project ever proposed in New Zealand.…
Kapiti Expressway’s BCR is actually 0.2!
A great scoop by Campbell Live tonight showing that the cost-benefit ratio of the Mackays to Peka Peka part of the Kapiti Expressway – a key section of the Wellington Northern Corridor RoNS project – has been recalculated recently as being 0.2.…
The Roadfather
A great little sign spotted at protests against the Kapiti Expressway near Wellington:…