A REVIEW OF PUBLIC TRANSPORT INVESTMENT PROPOSALS FOR AUSTRALIAN CAPITAL CITIES, 1974-75

The Bureau of Transport Economics in a June, 1972 report to the Australian Transport Advisory Council concluded that public transport fulfilled a vital function in capital cities, that current levels of capital expenditure were inadequate, and that public transport authorities could not finance an appropriate level of investment from current revenue sources. As a result of this report the government approved in principle a scheme to provide two thirds of the cost of improving urban public transport, and also invited alterations to those projects previously submitted to the BTE. This third report by the BTE contains the results of evaluations of 25 projects commencing in 1974-75 with a total cost of $93.18 M, which had not previously been evaluated or which are substantially altered versions of those submitted in 1972 and 1973. The methods used in this study are similar to those used previously, with some refinements, and all of the projects had benefit-cost ratios greater than 1.0 at a 7 percent discount rate, but 4 projects yielded benefit-cost ratios less than 10. at a 10 percent discount rate. /TRRL/

  • Corporate Authors:

    Australian Government Publishing Service

    The Treasury, Parkes Place
    Canberra, A.C.T. 2600,   Australia 
  • Publication Date: 1975-4

Media Info

  • Features: Figures; References; Tables;
  • Pagination: 189 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00137669
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Report/Paper Numbers: Monograph
  • Files: ITRD, TRIS
  • Created Date: Nov 9 1981 12:00AM