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Old 9th Aug 2019, 11:07
  #38 (permalink)  
777Nine
 
Join Date: May 2017
Location: Australia
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Originally Posted by LeadSled
Another Number,
A cynical statement, feel good now??
Whether you believe it or not, the economics of HS rail in Australia simply does not add up
One bright idea to "balance the books" is/was to raise a land tax on the basis that HS passenger rail access would increase inter-urban land values, along the rail corridor, payable as a subsidy.
As I said a while back, the problem with HS rail in Australia is the devastatingly competitive real world cost of air transport..
AND---- taking a total (as opposed to cheery picked) environmental picture, air transport brushed up pretty well environmentally.
Tootle pip!!
I for one would catch a high speed train if it was 4hours from Sydney to Melbourne. But it would probably cost $500 one way to pay for the damn thing.

Unless we had more population which could justify the cost and the usage, I totally agree with you; it ain't worth it so the airlines needn't be worried.
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