Alf observes that the Automobile Association is somewhat bothered about public-transport proposals in our deeply indebted Super City.
It is wailing that only the rich will be able to afford to drive in Auckland as the council targets motorists to pay for its public transport plans.
Alf’s own observation is that before long only the rich will be able to afford to live there, anyway, because the Super City is in debt to the tune of $4 billion – the equivalent of about $8000 for each of the region’s half a million ratepayers.
The debt had been steadily growing under the previous eight councils and includes $1.2 billion managed by Watercare Services to build and maintain the city’s water assets.
What’s more, the Auckland Council is looking to increase its debt from $2.8 billion (which excludes the Watercare figure) to $3.6 billion over the next three years to fund its existing programme of capital works. There is no money in the financially strapped budget for new projects, such as Mayor Len Brown’s $2 billion inner city rail loop and a cruise ship terminal.
It looks remarkably like a good place not to live in.
This impression is heightened by the aforementioned public transport plans as reported at Stuff.
The money-grubbing buggers are preparing to slap a price on anything that moves.