Page 3023 - Week 11 - Thursday, 22 October 1992
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APPENDIX 1:
(Incorporated in Hansard on 20 October 1992 at page 2732)
CHIEF MINISTER FOR THE AUSTRALIAN CAPITAL TERRITORY
LEGISLATIVE ASSEMBLY QUESTION
QUESTION WITHOUT NOTICE
14 OCTOBER 1992
MY QUESTION TO THE CHIEF MINISTER REGARDING THE TILT TRAIN PROPOSAL.
SUPPLEMENTARY QUESTION:
WILL THE GOVERNMENT BE CONSIDERING A FEASIBILITY STUDY TO MAKE SURE THAT INVESTORS, BEFORE THEY ARE ASKED TO INVEST MONEY, HAVE SOMETHING TO GO ON?
THE NEW SOUTH WALES GOVERNMENT HAS UNDERTAKEN PRE-FEASIBILITY S INTO THE TILT TRAIN PROPOSAL. THE TILT TRAIN HAS THE ESSENTIAL TO REDUCE THE TRAVEL TIME BETWEEN CANBERRA AND SYDNEY TO UNDER 3 HOURS. STUDIES HAVE FOUND THAT SUCH A JOURNEY TIME WOULD BE ATTRACTIVE TO SUBSTANTIAL NUMBERS OF POTENTIAL CONSUMERS IN BOTH THE BUSINESS AND RECREATION MARKETS SINCE SUCH A TIME IS COMPETITIVE WITH EXISTING CAR AND BUS TRAVEL WHILE TILT TRAIN TICKET PRICES WOULD BE BELOW THAT OF AIR TRAVEL.
AT THIS STAGE EXPRESSIONS OF INTEREST HAVE BEEN CALLED FOR FROM THE PRIVATE SECTOR AND PRIOR TO ANY SELECTION PROCESS AN INFORMATION EXCHANGE SESSION WILL BE HELD TO FULLY BRIEF POTENTIAL CONSORTIA. SENIOR OFFICERS FROM MY DEPARTMENT AND THE DEPARTMENT OF ENVIRONMENT LAND AND PLANNING ARE CURRENTLY LIAISING WITH THE NEW SOUTH WALES GOVERNMENT SO THAT THE A.C.T. IS FULLY INVOLVED IN THESE INFORMATION EXCHANGE SESSIONS.
CONTACT: Eric Bodge
DIVISION: Economic Development
PHONE: 20 50558 FAX: 20 50615
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