Counting the cost of megaprojects
Cost overruns already identified in just six current megaprojects exceeds a head spinning $26b. That’s one of the forensic and compelling observations made by Grattan Institute Economist, Marion Terrill at the MTF April meeting.
Looking at infrastructure projects over the past two decades, she has found that megaprojects are claiming the majority of government largess. Alarmingly, megaprojects tend to overrun by mega amounts – creating significantly higher bottom lines than intended.
Headlines from MTF Strategy survey
Thanks to the 20 councils that completed their survey responses. The strategic ABCs correlated strongly with council priorities.
Read a one-page headline summary
Hear Jonathon on podcast
MTF Chair Jonathan Marsden was interviewed on our strategic priorities for the 7 April edition of Local Government News Roundup
“Cost overruns already identified in just six current megaprojects exceeds a head spinning $26b”
Marion Terrill, Grattan Institute
Councils & DTP
DTP and Council working together on Active Transport was the main topic of discussion at the May meeting.
IV SAYS GET ON BOARD
Get on board: Making the most of Melbourne's buses is a discussion paper
presented by Infrastructure Victoria's Peter Kartsidimas
MTF's February meeting heard two presentations from local planners who have looked at overseas examples of urban transport planning.
Congrats to speakers
Congratulations to the successful candidates and MPs who participated in one of our MTF Transport Forums before the election.
All FORUM VIDEOS
Eight MTF Transport Forums were held across Melbourne in July - October 2022
Better Buses in the West
Dr John Stone, Senior lecturer, Faculty of Architecture, Building and Planning at the University of Melbourne spoke on Better Buses for Melbourne’s West at the MTF July meeting.
# Melbourne Airport
Melbourne Airport: Master Development Plan consultation and 3rd Runway Project
Four members of the DoT Active Transport Team discuss the learnings from the recent pop-up cycle lanes in Melbourne and suburbs.
THE Grattan Car Plan
The Grattan Car Plan: practical policies for cleaner transport and better cities.
Presented by Marion Terrill, 2 March 2022.
Moving Forward Together
Moving Forward Together: Advancing Safe, Inclusive and Resilient Streets. A presentation by Melissa and Chris Bruntlett, noted Canadian / Dutch cycling ambassadors.