Articles sur Value capture

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Federal Urban Infrastructure Minister Paul Fletcher and Prime Minister Malcolm Turnbull are eyeing value capture as a way to fund projects, but how will they sell a new tax to voters? Paul Miller/AAP

Value capture: a good idea to fund infrastructure but not easy in practice

Consider these home truths: value capture is a tax, it would need to apply to the family home and deciding which areas it covers would be politically contentious. A broad-based land tax is simpler.
Premier Mike Baird (right) has been out promoting the Sydney Metro project, but has yet to explain how the benefits of massive public investment will be shared. Stefanie Menezes/AAP

Sydney Metro’s Sydenham-to-Bankstown line – nirvana or nightmare?

Who’ll profit from the value uplift arising from the huge investment of taxpayers’ funds in creating better-serviced, higher-density suburbs? And what will the changes mean for existing residents?
China has the most extensive high-speed rail network in the world, which has helped reduce the nation’s greenhouse gas emissions. Jason Lee/Reuters

High-speed rail? At $200 billion we’d better get it right

High-speed rail is now a well-established technology and Australia needs it, as long as the project ticks all the boxes needed to deliver both private and public benefits.
Malcolm Turnbull is known to favour public transport, but he also sees the need to twin the development of higher-density activity centres with rail infrastructure. AAP/Dan Himbrechts

‘The 30-minute city’: how do we put the political rhetoric into practice?

The '30-minute city' goal is about more than urban rail and other transit projects. It means transforming our cities into centres of activity where work, study and services are all close by.

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