One of the scenarios considered in the Canberra-Eden Railway feasibility study was a “passengers only” option, where the railway was only completed as far as Bombala. According to the study, this scenario would have a total financial cost of $1,424 million over 50 years, returning $84.8 million of benefits over…
This article gives additional detail to the numerous errors discussed in my previous article, Canberra-Eden Rail needs another look. All net-present-value figures assume a discount rate of 7%, the rate used in the Feasibility Study’s central case. Throughout, the Transport for New South Wales feasibility study is referred to as…
Eden, a small town on the far south coast of New South Wales, could become one of the most important places in Australia. Its natural harbour, Twofold Bay, is one of the finest anchorages in the country, yet its rugged hinterland has kept it isolated from the national freight network….
