This speed of these trains seems quite high. My thoughts are that a train traveling at 2/3 that speed would cost a lot less. Although you'd still need to build those tunnels to close to the city centres.
IF people want to get go Melbourne>Sydney>Brisbane in around 2 hours they can take a plane. If they don't mind taking 3.5 to 4 hours then a train is the way to go. Although that misses the point of a rail system like this. We should be looking at it as a way to spread the population and provide more transport options for the large regional towns.
A re-elected Labor government would secure 1,750km of rail corridor for a high-speed rail network from Brisbane to Melbourne, via Sydney and Canberra, and has pledged an initial $52 million for the planning stage of the project.
Prime Minister Kevin Rudd said the government would create a High Speed Rail Authority to oversee the project, which would see Sydney and Melbourne connected by 2035.
This is the sort of project that the govt should be preparing for another downturn. If it's all right to go and there is GFC II, III or IV the govt could roll it out quickly and stimulate in a more meaningful way than the builders early retirement program.
High speed rail is not going to happen in Australia, at least not in the near term. There just isn't the demand to support it.
Well, the Syd-Mel route is the 5th-most travelled air route in the world. Seems to me that if there is no case to build on that route, there is no case for anywhere. There is also the benefit that Canberra airport would essentially become Sydney's second airport and there would be no need to worry about that one any more.
The SYD-BNE side seems a lot less compelling though.
The truth will set you free. But first, it will piss you off. --Gloria Steinem AREPS™
All for a HSR project, would be a good employer. Bet they won't do as well as the Snowy Hydro Scheme, on budget and on time, the quality of management these days leaves a lot to be desired. Hope the death toll won't be as high though. I bet the immigrant workers stayed in Australia too, these days, lots of 457's.
"Construction of the Snowy Scheme was managed by the Snowy Mountains Hydroelectric Authority, it officially began on 17 October 1949 and took 25 years, officially completed on 21 October 1972.
Tunneling records were set in the construction of the Scheme and it was completed on time and on budget in 1974, at a cost of A$820 million; a dollar value equivalent in 1999 and 2004 to A$6 billion.
Around two thirds of the workforce employed in the construction of the scheme were immigrant workers, originating from over thirty countries.
The official death toll of workers on the Scheme stands at 121 people.
Some 1,600 kilometres of roads and tracks were constructed, seven townships and over 100 camps were built to enable construction of the 16 major dams, seven hydroelectric power stations, a pumping station, 145 kilometres of tunnel and 80 kilometres of pipelines and aqueducts. Just 2% of the construction work is visible from above ground." - Wikipedia
"If man is to survive, he will have learned to take a delight in the essential differences between men and between cultures. He will learn that differences in ideas and attitudes are a delight, part of life's exciting variety, not something to fear." - Gene Roddenberry
"Balloon animals are a great way to teach children that the things they love dearly, may spontaneously explode" -- Lee Camp
IT'S an old joke doing the rounds among grain farmers on South Australia's Eyre Peninsula. But it is anything but a laughing matter for one of the world's biggest agribusiness companies.
"I was on the Eyre Peninsula last week talking to some farmers and heading towards Ceduna. And they were joking about one of the farm kids being able to run faster than the train that carts grain into the Port Lincoln export terminal," says Josh Martin, the head of commodity trading & risk management at Cargill Australia.
Cargill exports more than 20 per cent of Australia’s wheat and owns two million tonnes of annual rail capacity after purchasing the grain assets of the Australian Wheat Board two years ago.
But the company is now deeply concerned about the state of the nation’s railway infrastructure. It could be one of the prime factors that prevents Australia capitalising on its chance to profit from Asia’s food demand boom.
“Are we maximising capacity utilisation of the existing infrastructure?” Mr Martin asked delegates at the PBB Advisory inaugural agribusiness conference. “The answer to that is no. Today we are not”.
"We need to work with governments and industry bodies to ensure that investment is being made in the rail infrastructure to promote the efficiency at a higher rate”
“Investment in infrastructure needs to be focused very much on driving long-term, sustainable, competitive and efficient export supply-chain economics,” Mr Martin said…
Mr Martin’s comments were backed by GrainCorp chief executive Alison Watkins, who said that Australia’s rail infrastructure needed urgent investment to reduce supply chain costs for grain and other products.
“Supply chain costs make up a very large proportion of delivered costs in marketing products overseas, whether it is grain or another product”
“A lot of it is about the way we operate the rail system. That it is the most efficient, lowest cost and with the least carbon emissions.
“There is an opportunity to ensure our supply chain can be efficient as it can be”
Posted on Wednesday, September 11 2013 at 11:10 AM
A high-speed rail (HSR) system between Sydney, Melbourne and Brisbane could be strategic in alleviating capital city infrastructure pressures and decentralising communities, according to a PRDnationwide research report.
The High Speed Rail & Property Report is a comprehensive look at how the proposed HSR system could affect the property landscape along Australia’s east coast.
The second phase of a Federal Government study into HSR was released in April this year.
It’s anticipated that the HSR network would comprise about 1748 kilometres of dedicated route between Brisbane, Sydney, Canberra and Melbourne. Trains would run at an average of 300 kilometres per hour on a dedicated track.
Aaron Maskrey, director of research at PRDnationwide, says the HSR could prove critical in alleviating future pressure on existing capital city amenities, despite the estimated cost of around $114 billion.
“Population forecasts for metropolitan centres in Australia indicate that unless we facilitate change, there’s going to be an enormous strain on (the) infrastructure and amenities of our capital cities to accommodate growth,” he says.
“The proposed high-speed rail project can potentially serve as the catalyst for changing the face of public transport for the whole eastern seaboard, reducing congestion on our already bulging highways and crowded airports, and offering commuters an alternative means to live and work.”
The report says the 11 regions that should benefit directly from HSR are South Brisbane, Gold Coast, Coffs Harbour, Port Macquarie, Newcastle, north Sydney, South Sydney, Canberra, Wagga Wagga, Albury Wodonga and north Melbourne.
The system could be the catalyst for creating new non-metropolitan business districts, Maskrey.
“We may see business, health and industrial precincts pop up as companies consider relocation along the HSR to reduce operating costs and increase accessibility too for their clients, suppliers, staff or patients.”
Tony Brasier, managing director at PRDnationwide, suggests locating stations next to capital city international airports to bolster the country’s reputation as a worldwide business hub.
Brasier says rather than spending $20 billion on the Sydney Airport upgrade, the funds could be put toward a HSR connection between Canberra Airport and Newcastle Airport, which would reduce congestion at the Sydney facility.
“Recent estimates of the cost of a new Sydney Airport have been quoted as in the vicinity of $20 billion. This could go a long way towards funding a Canberra – Sydney – Newcastle HSR as a first stage to a Brisbane – Melbourne service. Anyone who has experienced high-speed rail between Hong Kong and Shanghai airports and their respective city centres will appreciate the impact it could have on efficient airport accessibility.”
The Commonwealth Government report on the HSR claims it will provide journey times that would be competitive to the airline industry, allowing for the complications of check-in and security at airports.
“Travel times between Brisbane/Gold Coast and Sydney and between Sydney and Melbourne are less than three hours for the inter-capital express services and up to 3.5 hours for the inter-capital regional service.”
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy