Ofterdingen and Kropotkin

Spoil 1.70

PRIVATISATION of Melbourne's public transport has cost taxpayers $1.2 billion more than if the system had remained in public hands, according to a analysis by transport experts. [...]

Mr Kennett (!!!) said the Government should examine free public transport as part of the review.

Senior lecturer in transport planning at Melbourne University, Dr Paul Mees, RMIT University's Associate Professor Michael Buxton, John Stone from Swinburne University, and Dr Patrick Moriarty from Monash University, prepared the analysis. It will be released tomorrow. "The experiment has failed spectacularly … subsidies have increased, services have not improved, inappropriate rolling stock has been purchased … the regulator has been 'captured' by those he is supposed to be regulating, there is no real planning for the future," they say.

(in theage)

posted by Geist @ 12:44 pm