The Herald reported:
The Government’s plans for light rail in Auckland could cost up to $29.2 billion, according to Treasury papers released this morning.
That is $15,000 for every household in New Zealand. So every family in Gore and Hastings and Levin will be paying $15,000 more tax so Auckland gets some trams to the airport!
If it costs $29.2 billion, then that is a cost of:
Think of the opportunity cost. A new four lane motorway costs around $50 million per km. For what the Government may spend on trams in Auckland you could construct a 630 km long four lane motorway. That is approximately the distance from Auckland to Wellington.
Other things you could get for $29.2 billion:
But instead Labour want to spend that on a 24 km long tram track.
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