Latest / The Kākā by Bernard Hickey
Wednesday's Chorus: The problem(s) with the RoNS and tolls
Briefly in the news in Aotearoa’s political economy around housing, poverty and climate:
This is just time-wasting magical thinking that only enables us all to avoid the hard realities.
* The Lead: Transport Minister Chris Bishop has committed to spending $1.2 billion on designs and buying land for six massive new motorway and tunnel projects that new estimates show could cost up to $32.9 billion, and which are only deemed barely economically viable because the Government slashed its interest rate assumption to 2% from 6% and doubled its payback period to 60 years.
* The Sidebar: Bishop is…
The skinny
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