Australian (ASX) Stock Market Forum

Liberals Sending WA Broke

Jump to new
IFocus

IFocus

You are arguing with a Galah
Joined
8 September 2006
Posts
7,672
Reactions
4,764
Liberals are the better money managers......right

How come WA is running up a $20 billion dept when Labor left the treasury in good shape.

Look away now if you are a Liberal supporter :rolleyes:

Forward estimates contained in December's mid-year economic review show WA's public sector debt rising to $19.89 billion in 2013-14, from $14 billion this year and $9.89 billion in 2009-10.
Click to expand...

Liberals manage big projects better......... right

"Big projects could leave $2b black hole"



Premier Colin Barnett is facing a Budget black hole of at least $2 billion as his Government deals with rising costs on major projects
Click to expand...

http://au.news.yahoo.com/thewest/a/-/wa/9252675/big-projects-could-leave-2b-black-hole/
 
IFocus said:
Liberals are the better money managers......right

How come WA is running up a $20 billion dept when Labor left the treasury in good shape.

Look away now if you are a Liberal supporter :rolleyes:



Liberals manage big projects better......... right

"Big projects could leave $2b black hole"





http://au.news.yahoo.com/thewest/a/-/wa/9252675/big-projects-could-leave-2b-black-hole/
Click to expand...

Actually after reading the article it isn't as bad as I first thought. Most of the expected costs sound as though they are for infrastructure that is required. Even moving footy to an easily accessable area that at the moment is waste land has merit. If they don't, imagine what the congestion in Subi will be like in 10 - 20 years trying to move 100,000 people in and out.
Gas pipline to Albany,. further desal plant and power stations are all infrastructure that will be required.
Also moving State Parliament and selling off the land makes sense it is badly located between the city and commercial hub of West Perth and has poor access.
If you don't put this sort of infrastructure in when you are in a boom ,you will never get it in when we are in a downturn.
The key is to spend the money wisely, on infrastructure that has lasting value with minimum requirement to revisit it again.
 
Not wanting to harp on, but the analogy would be when the last labor government was in power. The liberal plan was to put the Mandurah train line down through Canning Vale and join the freeway near Atwell. Labor decided it would be nicer to put it down the freeway through leeming, Bullcreek, South Perth, this definately looks nicer but cost a huge amount more.
But this has taken up the space for the freeway to expand, now that is what I call wasting taxpayers money.
When they decided to do this they should have either dug a trench and sunk it or put it overhead or better still gone the way liberals wanted to. Then at a later date run the line through South Perth etc in a suitable manner, instead of rushing headlong into a stupid decision to bignote themselves and try to buy votes. Just like our other discussion the N.B.N
As I said, any idiot can spend money, it is spending it wisely that is the trick. It was stupid decisions like this one that has sent W.A Labor into the wilderness and they will soon have friends out there when the Federal Labor join them LOL.
 
The first thing Colin Barnett should is ditch the Perth waterfront project and keep Riverside Drive open.

The previous Labor government's plan was worse with a skyscraper next to the Bell Tower shaped like a big dick. As a side note, Dicky Court's Bell Tower was in the shadow of that proposed skyscraper on the render.
 

Attachments

  • r223870_884737.jpg
    r223870_884737.jpg
    124.5 KB · Views: 85
sptrawler said:
Not wanting to harp on, but the analogy would be when the last labor government was in power. The liberal plan was to put the Mandurah train line down through Canning Vale and join the freeway near Atwell. Labor decided it would be nicer to put it down the freeway through leeming, Bullcreek, South Perth, this definately looks nicer but cost a huge amount more.
But this has taken up the space for the freeway to expand, now that is what I call wasting taxpayers money.
When they decided to do this they should have either dug a trench and sunk it or put it overhead or better still gone the way liberals wanted to. Then at a later date run the line through South Perth etc in a suitable manner, instead of rushing headlong into a stupid decision to bignote themselves and try to buy votes. Just like our other discussion the N.B.N
As I said, any idiot can spend money, it is spending it wisely that is the trick. It was stupid decisions like this one that has sent W.A Labor into the wilderness and they will soon have friends out there when the Federal Labor join them LOL.
Click to expand...

Would have thought having train access to a university and two hospitals a pretty good idea myself.
 
Come on drsmith
Dickies belltower only cost $5m, which when you consider the iconic heritage tourism drawcards W.A has is an absolute bargain.
What else do we have? Barracks Arch, London Court, The Round House, come on chip in I'm running out.
The Bells of St Mary's are the only thing older than Dickies Dad.
A bargain at twice the price, which reminds me I must go and climb them LOL
 
My dig was actually at Labor's plan, not Dicky Court's Bell Tower.

Dicky though was another politician that was not in my favour. He was also going to bugger up Riverside Drive.

sptrawler said:
A bargain at twice the price, which reminds me I must go and climb them LOL
Click to expand...
You should get a nice view of the aformentioned road from up there.

I would suggest going at a peak period and taking a politician or two with you. They might then realise what cutting it between Barrack Street and William Street would do to Perth's traffic.
 
sptrawler said:
Not wanting to harp on, but the analogy would be when the last labor government was in power. The liberal plan was to put the Mandurah train line down through Canning Vale and join the freeway near Atwell. Labor decided it would be nicer to put it down the freeway through leeming, Bullcreek, South Perth, this definately looks nicer but cost a huge amount more.
But this has taken up the space for the freeway to expand, now that is what I call wasting taxpayers money.
When they decided to do this they should have either dug a trench and sunk it or put it overhead or better still gone the way liberals wanted to. Then at a later date run the line through South Perth etc in a suitable manner, instead of rushing headlong into a stupid decision to bignote themselves and try to buy votes. Just like our other discussion the N.B.N
As I said, any idiot can spend money, it is spending it wisely that is the trick. It was stupid decisions like this one that has sent W.A Labor into the wilderness and they will soon have friends out there when the Federal Labor join them LOL.
Click to expand...

Wrong again they used the bus lanes
 
The Kwinana Freeway and CBD tunnel option for the Mandurah railway struck me as most practical as it was a direct route into the middle of the CBD.

I worst comes to the worst, the Kwinana Freeway could be widened to 8 lanes (4 each way) by using the emergency stopping lanes where widening is not possible and reducing the speed limit to 80 km/hr. This is how the Northbridge Tunnel will be widened to 6 lanes (3 each way).

As a general comment, Perth seems to be starting to choke under the weight of its growing public and private transport demands.
 
drsmith said:
The Kwinana Freeway and CBD tunnel option for the Mandurah railway struck me as most practical as it was a direct route into the middle of the CBD.

I worst comes to the worst, the Kwinana Freeway could be widened to 8 lanes (4 each way) by using the emergency stopping lanes where widening is not possible and reducing the speed limit to 80 km/hr. This is how the Northbridge Tunnel will be widened to 6 lanes (3 each way).

As a general comment, Perth seems to be starting to choke under the weight of its growing public and private transport demands.
Click to expand...

Most unusual, I disagree drsmith, If they had used the original route the infrastructure was there, this would have delivered a train line to Mandurah 1 year quicker and at a fraction of the cost. Also connecting a high jobless area(Mandurah,Kwinana) with a work intensive area(Canning Vale,Cannington,Welshpool, Kewdale,Burswood).
Then the line from the City to Gateway could have been put in in stages by tunnelling to Canning Bridge then to Mt Henry, Bull Creek, South Street etc at their leisure. Also providing 6 extra lanes above the rail line.
The minor inconvenience of 15min extra travel time for a short period of time. Would have been far outweighed by the long term advantages.
 
sptrawler said:
Read the second paragraph(thats the second group of sentences). "then at a later date run the line through South Perth in a suitable manner".
Your obviously a young bloke.
Click to expand...

Yeah overhead or underground would be a cheap option
Your obviously an old bloke.:D:D
 
sptrawler said:
Also connecting a high jobless area(Mandurah,Kwinana) with a work intensive area(Canning Vale,Cannington,Welshpool, Kewdale,Burswood).
Click to expand...
That can still be done.

Other than that, I'm not up with the detail between the two options to comment further on the remainder of your post.
 
Jeez todster go back and read the second entry, we were saying about spending money wisely, Son you have one mouth and two ears use them acordingly.
 
drsmith said:
That can still be done.

Other than that, I'm not up with the detail between the two options to comment further on the remainder of your post.
Click to expand...

Like I said to todster,drsmith. This was about spending money wisely on infrastructure so you didn't have to revisit at a later date.
The line through Canning Vale can still be put in, but the line down the centre of the freeway will have to be revisited at a later date. It will cause a huge disruption and cost megabucks more to fix it later. But I suppose thats our kids problem not ours, its still a nice ride at the moment.:banghead:
 
Top