BrisConnect to Join RiverCity in Toll Road Graveyard

Long term readers of this blog will know that I’m not in to making predictions. ‘Preparation not prediction’ is the mantra. But I’m not going out on a limb with this one. BrisConnect is going bust. The Brisbane toll road is open to traffic and (surprise, surprise) the number of cars using it is well short of expectations. Average traffic for August was 81,469 per day, versus prospectus forecasts of 190,000 a day. Here’s the forecast: And here’s what happened in August: That’s a problem in itself. But it’s a significantly understated one. At the moment, the road is...

Long term readers of this blog will know that I’m not in to making predictions. ‘Preparation not prediction’ is the mantra. But I’m not going out on a limb with this one. BrisConnect is going bust.

The Brisbane toll road is open to traffic and (surprise, surprise) the number of cars using it is well short of expectations. Average traffic for August was 81,469 per day, versus prospectus forecasts of 190,000 a day. Here’s the forecast:

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