Why Airportlink M7 failed

Date

4BC Drive: Just 7 months after opening, the $4.8b Airport Link tunnel has been placed into voluntary administration.

Dr John Goldberg prepared an analysis of BrisConnections late last year and said the company had over estimated traffic flows, setting shareholders up for failure.

Goldberg also predicted the financial collapse of Sydney's Lane Cove and Cross City Tunnels and is perplexed as to why they all these major toll roads in Australia have followed the same unsuccessful model.

Dr Goldberg joins Gary Hardgrave to explain that despite it being an example of exceptional engineering, the controversial road was doomed from the start.

Join the conversation on Brisbane's tunnels in the comments. Where would you put a tunnel in Brisbane? Are the tolls too high?

Listen: Dr John Goldberg with Gary Hardgrave.

Listen: Paul Turner from RACQ has his say on Airport Link's voluntary administration

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Luke Bona

4BC Overnights

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