The road would cost $217 million, of which $125.6 million is sought from your fuel taxes and road user charges, when it isn't even a very good project. Yes the remainder comes from tolls and levies on properties that will see improved values, but frankly unless the project ranks well sa being a good investment for other road users, why should it be progressed?
An appropriate assessment would be to estimate the fuel tax and road user charges that would be paid by those using the road. This is called "shadow tolling", where the money collected through motoring taxes is calculated and dedicated to the project. If that revenue can't be committed to the road, and the private sector borrow to build it based on that, the tolls and the property levy, then the road is a waste of money, and is being subsidised by others.
Lockwood Smith, the local MP, says "it has to go ahead".
Rodney Mayor and former ACT MP Penny Webster said Steven Joyce "promised" it would go ahead.
So, if tolls wont be enough, along with a property levy, and "shadow tolls" wont be enough, then it proves those who want it aren't prepared to pay for it - so it shouldn't be built.
Sadly it appear more than one National and ACT politicians are unwilling to apply user pays, when it is something they like.