The Loco Loco Yet Again
I am currently out of the country , but the other day I saw that NZTA have agreed to extend the Loco Loco 'trial' by another 2 years . They have reduced their contribution from 70-odd percent , to 60 percent . So their contribution is now $12.2 million for the next 2 years .
Now work that out . That means the cost for 2 more years is 'only' $20million , of which 'we' pay all of , one way or another .
That is $10 million a year , or $833,000 a month , or $200,000 a week , or $30,000 a day . That is how much it is losing . $30,000 a day . 7 days a week . ( Does it run on a Sunday ? ) . I doubt it gets 300 passengers a day , so that is $100 a passenger a day IT IS LOSING . Yes , every day they light a bonfire , and throw on $30,000 !
But wait -- theres more ! It has already cost about $120 million so far . Over $80 million of that is the capital costs , which are basically worth nothing .
So calculate the capital cost , and the on-going losses , and the $25 return ticket is actually costing ratepayers and taxpayers close on $500 . Per Person . Per Day . For another 2 years !
It is never , ever , ever going to get anywhere near break even , so these geniuses for some reason decide we'll throw more money at it for another 2 years .
Even Len Brown says it should be cancelled ( and he always struck me as being not the brightest , and 'left wing' ) , as does Luxon , Seymour and anyone who knows even the slightest about running a business , or logic , or common sense .
Why , oh why ?
Have you been to Hamilton Gardens lately?
Hamilton will soon offer a portal to a medieval ‘hospital’, without the stress of the bubonic plague.
The Medieval Gardens will open next year at Hamilton Gardens, with much of the work already done.
Leaving Neighbourly
Hey everyone, just a quick note to say I’m leaving Neighbourly. I joined because I thought it would be a good way to connect with people in the community, especially the older generation, and to receive advice, help, and shared knowledge.
Over time I’ve made quite a few posts genuinely looking for help or guidance, and unfortunately I’ve rarely received any responses. Most of the time it’s just one or two likes and no actual comments or help, which gets pretty discouraging after a while.
I understand people are busy, but when you consistently put things out there and hear almost nothing back, it starts to feel like there’s no real point in being part of the platform. Because of that, I’ve decided it’s best for me to move on.
No hard feelings — just not the right fit for me. Wishing everyone all the best.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
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