Federal Budget Announcements 2021

 
  The Vinelander Minister for Railways

Location: Ballan, Victoria on the Ballarat RFR Line
I think it will take trucks off the road if it's done right in the first place.  But I just can't understand all the secrecy with Business Plans these days.  It was finished months ago but has not seen the light of day.

Now the State Govt is wanting the Feds to pay for much of SRL.  Why do they keep demanding cash for shiny new urban projects like SRL but keep delaying the contribution to freight rail?
VIC government is actually broke, that's why they're look to Josh and Sco Mo for more money. I doubt that there will be any cash forthcoming through.
don_dunstan


You're not getting away with that trolling cr@p, representative from SA. Victoria is FAR from broke and by almost any measure its economy is doing just fine... thanks for asking.

A comparison, Victoria's net debt:

https://pbo.vic.gov.au/Victorian_Budget_20%2F21_-_independent_snapshot

A random European example of net debt:

https://www.google.com/search?q=what+is+britain%27s+national+debt&rlz=1C1GCEA_enAU886AU886&oq=what+is+Britains+state+debt&aqs=chrome.1.69i57j0i22i30j0i390l2.21275j0j15&sourceid=chrome&ie=UTF-8

So, now you are informed and we over in the East are far from an economic basket case and you'll have to work harder to try and convince others of the merit of your throwaway one liners.

Mike.

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  michaelgm Chief Commissioner

Well announcements is in the title. Brilliant from Penny Wong.
  don_dunstan Dr Beeching

Location: Adelaide proud
I think it will take trucks off the road if it's done right in the first place.  But I just can't understand all the secrecy with Business Plans these days.  It was finished months ago but has not seen the light of day.

Now the State Govt is wanting the Feds to pay for much of SRL.  Why do they keep demanding cash for shiny new urban projects like SRL but keep delaying the contribution to freight rail?
VIC government is actually broke, that's why they're look to Josh and Sco Mo for more money. I doubt that there will be any cash forthcoming through.


You're not getting away with that trolling cr@p, representative from SA. Victoria is FAR from broke and by almost any measure its economy is doing just fine... thanks for asking.

A comparison, Victoria's net debt:

https://pbo.vic.gov.au/Victorian_Budget_20%2F21_-_independent_snapshot

A random European example of net debt:

https://www.google.com/search?q=what+is+britain%27s+national+debt&rlz=1C1GCEA_enAU886AU886&oq=what+is+Britains+state+debt&aqs=chrome.1.69i57j0i22i30j0i390l2.21275j0j15&sourceid=chrome&ie=UTF-8

So, now you are informed and we over in the East are far from an economic basket case and you'll have to work harder to try and convince others of the merit of your throwaway one liners.

Mike.
The Vinelander
Easily bought to tears aren't you, Mike.

Standard and Poor said it best when they said they had to downgrade the VIC government credit rating because they were spending faster than any other state and there was no plan to reign in that debt-fuelled spending - and in fact they planned to spend even more heavily with borrowed money in the coming years.

Comparisons with other countries are not valid - we're talking about Victoria as a state government and its capacity to repay. It is NOT a sovereign nation in its own right and it doesn't have the option of printing its way out of trouble.

In the absence of any future budget surpluses (highly unlikely while Dan is still in power) the debt that he's financed on reasonable terms will have to be re-financed at maturity, probably at much higher rates to whoever will loan them money. That's because Victoria lacks the revenue base on which to make progress into that enormous pile of debt - another thing that Standard and Poor's was very concerned about.

By the middle of this decade Victoria will have a debt approaching five or possibly six times as big as the one that Joan Kirner left Jeff Kennett. That was considered so bad at the time that Victoria had no choice but to offer the State Bank to the Commonwealth for a fire-sale price in order to stay solvent; nobody would loan the VIC government money at that stage except at very high rates.

There won't be a Jeff Kennett to fix it this time around - no SEC privatisation, in fact the only thing that Dan himself hasn't sold is the water authorities and I'm guessing at some stage in the future they will also have to go.

And you seriously think there's no crisis? Take those figures to your next ALP meeting and try and hit them with the truth of what Dan's done - they probably won't want to hear it either.
  don_dunstan Dr Beeching

Location: Adelaide proud
Well announcements is in the title. Brilliant from Penny Wong.
michaelgm
She told everyone that she'd never support gay marriage when she was a Gillard minister. And then the wind changed....
  The Vinelander Minister for Railways

Location: Ballan, Victoria on the Ballarat RFR Line
So representative from SA. You didn't consider your throwaway line to be worthy of support then Question

Typical...you're even writing like the extreme loony right media.

M.
  don_dunstan Dr Beeching

Location: Adelaide proud
So representative from SA. You didn't consider your throwaway line to be worthy of support then Question

Typical...you're even writing like the extreme loony right media.

M.
The Vinelander
So no comment on the diabolical debt situation?

Run out of puff again, eh, Mike.
  Valvegear Oliver Bullied, CME

Location: Richmond Vic
Thank heaven it's a Coalition big-spending budget. Imagine if Labor had introduced it; Don would be having conniptions.
  don_dunstan Dr Beeching

Location: Adelaide proud
Thank heaven it's a Coalition big-spending budget. Imagine if Labor had introduced it; Don would be having conniptions.
Valvegear
Are you kidding, if it was a Labor budget they would have spent at least another $200,000,000,000, just because. And if that seriously doesn't concern you then frankly you're either stupid or you don't remember Cain/Kirner and the absolute disaster that wrought on Victoria.

Labor would have made an already-bad situations many times worse. We're seeing a debt bust in motion as I write.
  The Vinelander Minister for Railways

Location: Ballan, Victoria on the Ballarat RFR Line
Thank heaven it's a Coalition big-spending budget. Imagine if Labor had introduced it; Don would be having conniptions.
Are you kidding, if it was a Labor budget they would have spent at least another $200,000,000,000, just because. And if that seriously doesn't concern you then frankly you're either stupid or you don't remember Cain/Kirner and the absolute disaster that wrought on Victoria.

Labor would have made an already-bad situations many times worse. We're seeing a debt bust in motion as I write.
don_dunstan

Here we go again with the ZERO's for added emphasis. Smile

You forgot to add in the cents.

$200,000,000,000.00.

You never fail to impress with your right wing rantings and lack of evidence.
Why don't you contact Rupert and send along your resume...I'm sure you'll fit in to Sky or Faux very comfortably.

M.
  don_dunstan Dr Beeching

Location: Adelaide proud
Thank heaven it's a Coalition big-spending budget. Imagine if Labor had introduced it; Don would be having conniptions.
Are you kidding, if it was a Labor budget they would have spent at least another $200,000,000,000, just because. And if that seriously doesn't concern you then frankly you're either stupid or you don't remember Cain/Kirner and the absolute disaster that wrought on Victoria.

Labor would have made an already-bad situations many times worse. We're seeing a debt bust in motion as I write.

Here we go again with the ZERO's for added emphasis. Smile

You forgot to add in the cents.

$200,000,000,000.00.

You never fail to impress with your right wing rantings and lack of evidence.
Why don't you contact Rupert and send along your resume...I'm sure you'll fit in to Sky or Faux very comfortably.

M.
The Vinelander
Why thank-you, I'd love to be on Sky with a background of North Terrace or something like that telling people all about how they've been scammed by the Kremlin at Ultimo. I'd really love to take over from Andrew who has been kicking around his retirement - why not.

Anyway high time you went back to doing what Ita tells you to do (how apt that Cold Chisel song turned out to be!)
  bevans Site Admin

Location: Melbourne, Australia
More on the budget and rail


Intermodal facilities and freight rail

$2 billion for initial investment in a new Melbourne Intermodal Terminal, VIC
$61.8 million for Melbourne Intermodal Terminal planning and development, VIC
$400 million for Inland Freight Route (Mungindi to Charters Towers) upgrades, QLD
$16.5 million to establish the National Freight Data Hub to enhance the collection and access to freight data across all modes, including rail.
$300,000 for proposed Tennant Creek Multimodal Facility and Rail Terminal development study, NT
ARA

Tennant Creek gets a look in.
  Valvegear Oliver Bullied, CME

Location: Richmond Vic
Are you kidding, if it was a Labor budget they would have spent at least another $200,000,000,000, just because. And if that seriously doesn't concern you then frankly you're either stupid or you don't remember Cain/Kirner and the absolute disaster that wrought on Victoria. Labor would have made an already-bad situations many times worse. We're seeing a debt bust in motion as I write.
don_dunstan
It's good to see Don's predictable comments, full of mind reading and hysteria as we may have expected. I wonder why he has a problem in recognising that this budget is a federal affair, and the past history of Cain and Kirner ( and Old Uncle Tom Cobleigh for that matter) was a state matter and is irrelevant. If he wanted to bring up history, why not the Menzies/Holt Credit Squeeze? At least that was a federal issue.
  Jack Le Lievre Assistant Commissioner

Location: Moolap Station, Vic
With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
  don_dunstan Dr Beeching

Location: Adelaide proud
Are you kidding, if it was a Labor budget they would have spent at least another $200,000,000,000, just because. And if that seriously doesn't concern you then frankly you're either stupid or you don't remember Cain/Kirner and the absolute disaster that wrought on Victoria. Labor would have made an already-bad situations many times worse. We're seeing a debt bust in motion as I write.
It's good to see Don's predictable comments, full of mind reading and hysteria as we may have expected. I wonder why he has a problem in recognising that this budget is a federal affair, and the past history of Cain and Kirner ( and Old Uncle Tom Cobleigh for that matter) was a state matter and is irrelevant. If he wanted to bring up history, why not the Menzies/Holt Credit Squeeze? At least that was a federal issue.
Valvegear
Typical Labor adherent, "debt doesn't matter, let's borrow more, it's someone else's problem".

Of course I'm recognising that this budget is a 'federal affair', it disappoints me no end that Josh Frydenburg had a 'Road to Damascus' type moment last year and gave up completely on trying to run a balanced budget. He's just doing what the Labor Party would do and putting future (dwindling) taxpayers under even more strain - just like Cain and Kirner did with their abject incompetence putting taxpayers on the hook for bailing out Pyramid, losing billions through their investment bank "Trident" and all the other stuff they wasted money on.

You seriously think that throwing prudence and proper budgeting out the window won't have consequences for our nation? History is littered with examples that say otherwise. Someone at some stage in the future is going to have to run a proper austerity budget and the longer we delay that the worse it will be.
  don_dunstan Dr Beeching

Location: Adelaide proud
With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Jack Le Lievre
Premier Marshall isn't interested in that any more so it's $5 million wasted.
  Jack Le Lievre Assistant Commissioner

Location: Moolap Station, Vic
With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Premier Marshall isn't interested in that any more so it's $5 million wasted.
don_dunstan
Curious then, why have the Marshall government committed to matching the $5M?
  don_dunstan Dr Beeching

Location: Adelaide proud
With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Premier Marshall isn't interested in that any more so it's $5 million wasted.
Curious then, why have the Marshall government committed to matching the $5M?
Jack Le Lievre
To make it look like they're doing something?

Google a project called "Globelink South Australia", it was Marshall's election promise at the 2018 poll - dumped as soon as they got into office. They've proposed this exact kind of thing before only to dump it once the cost is released.
  The Vinelander Minister for Railways

Location: Ballan, Victoria on the Ballarat RFR Line
With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Premier Marshall isn't interested in that any more so it's $5 million wasted.
don_dunstan

The Marshall government experiment will in all likelihood next year become a one term wonder like the Newman and Baillieu/Napthine governments before him.

M.
  michaelgm Chief Commissioner

With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Premier Marshall isn't interested in that any more so it's $5 million wasted.

The Marshall government experiment will in all likelihood next year become a one term wonder like the Newman and Baillieu/Napthine governments before him.

M.
The Vinelander
Knowing little about SA politics, google is my friend.
Marshall holds the state seat of Dunstun. A former labor premier.

https://en.m.wikipedia.org/wiki/Electoral_district_of_Dunstan
  don_dunstan Dr Beeching

Location: Adelaide proud
With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Premier Marshall isn't interested in that any more so it's $5 million wasted.
Curious then, why have the Marshall government committed to matching the $5M?
Jack Le Lievre
There's more to the story of 'Globelink' than is obvious, you probably don't know that being interstate -

There's been a long-campaign to get the interstate freight off the Adelaide Hills line driven by the councils and vocal residents - I think "Globelink" was cooked up around 2015 to try and appease those people as it included a railway by-pass of the Adelaide Hills. Then it was quietly buried about 18 months after the election when they announced 'too expensive' (to the surprise of no-one).

I think Marshall keeps dangling the promise of a Hills by-pass for both truck and rail as an election issue but they just don't want to deliver it because its simply took expensive.
  RTT_Rules Oliver Bullied, CME

Location: Dubai UAE
With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Premier Marshall isn't interested in that any more so it's $5 million wasted.
Curious then, why have the Marshall government committed to matching the $5M?
There's more to the story of 'Globelink' than is obvious, you probably don't know that being interstate -


There's been a long-campaign to get the interstate freight off the Adelaide Hills line driven by the councils and vocal residents - I think "Globelink" was cooked up around 2015 to try and appease those people as it included a railway by-pass of the Adelaide Hills. Then it was quietly buried about 18 months after the election when they announced 'too expensive' (to the surprise of no-one).

I think Marshall keeps dangling the promise of a Hills by-pass for both truck and rail as an election issue but they just don't want to deliver it because its simply took expensive.
don_dunstan
Alot of valid reasons why it will probably never happen or need to happen
https://rdahc.com.au/wp-content/uploads/2019/04/Northern-Rail-Bypass-Scoping-Study-Aug2018.pdf

Key Findings Key outcomes and findings of the Scoping Study include:

1. Costs continue to be more competitive for road freight rather than rail when moving goods between Adelaide and Melbourne.

2. Changes to the Adelaide Hills Rail Alignment since 2010 have enabled a 20% increase in the carrying capacity of the existing rail line. This indicates that today, the rail line has a maximum capacity in the order of 12.8M tonnes.

3. In 2015-16, statistical data indicates that 8.11M gross tonnes was carried over this section of line, indicating the spare capacity of the line is in the order of 37%.

4. Rail freight costs and increased competition by the Port of Adelaide have largely contributed to a reduction in rail volumes traveling between Adelaide and Melbourne.

5. A windy, steep alignment continues to prevent the Adelaide Hills rail line from catering for double stacked trains, although double stacking could achieve in the order of 25% savings for rail customers, and significant time savings for the movement of goods. Double stacking will require significant infrastructure works to be undertaken to achieve vertical clearances, including tunnels and a new rail bridge over the River Murray.

6. Population growth through the Adelaide Hills has occurred at a greater rate than expected, particularly through the Mount Barker District Council region.

7. Accelerated population growth and a greater desire for the road freight task will see the South Eastern Freeway reach its capacity sooner than expected.

8. Significant changes are both planned and currently under construction for the National Rail Freight network (i.e. Inland Rail and a new rail freight terminal in Melbourne) which have the ability to fundamentally change the movement of rail freight through South Australia, and the role of the Adelaide to Melbourne link in the national rail freight network. These changes are expected to be complete and in operation by 2025 and will potentially enable double stacked rail freight to move between Perth and Melbourne without passing through (or near) Adelaide, with Parkes likely to become the geographic centre of national rail freight activities. Less freight rail services will potentially stop near or in the vicinity of Adelaide, reducing the modal choice for freight movement. There is a very real possibility that South Australia and Adelaide in particular may be ‘forgotten’ in the national rail picture.

[ I expect that with DS capacity from Melbourne to Parkes, we will see WA/NT bound freight head via Parkes ]

9. The original cost benefit analysis of the rail freight diversion in the 2010 RFMS is now outdated. Costs have escalated, and the analysis does not address some significant economic benefits. While only providing an estimation of the broad value of these benefits, they have been found to potentially be quite large, notwithstanding the application of conservative assumptions wherever possible. Non-quantifiable benefits are still to be fully analysed. Further, the base case in the 2010 RFMS assumed a ‘Do Nothing’ scenario; this is considered unrealistic and a ‘Do Minimum’ scenario should be used for more appropriate comparison.

10. The estimated cost of the Northern Rail Bypass has been calculated between $3.84 and $4.96 billion.
[ If the inland costing is anything to go by, it won't be the lower number and the higher number is likely around 50 - 67% of the final number ]
  justapassenger Minister for Railways

With all of the usual smeg slinging, Don has missed the BIG announcement that $5M has been allocated to the Greater Adelaide Freight Bypass Planning Study.


I am sure that the below thread can be revived so we can all discuss this fantastic announcement Sad


https://www.railpage.com.au/f-t11376488.htm
Premier Marshall isn't interested in that any more so it's $5 million wasted.
Curious then, why have the Marshall government committed to matching the $5M?
Jack Le Lievre
They are using it as an election slush fund.

It's a common strategy for both major parties. To pick another recent example involving a rail project proposal, the Mike Rann ALP government did the same thing with a proposal for an Adelaide Metro standardisation/electrification/tram-train project that was officially forgotten within minutes of them getting returned in the 2010 state election.

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