G
25 days ago

The Loco Loco Yet Again

Graeme from Frankton

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 ?

More messages from your neighbours
3 days ago

Why is the...

Riddler from The Neighbourly Riddler

Why is the letter A like a flower?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

Image
1 day ago

Quiz Night

Arts for Health from Arts for Health Community Trust

Put your thinking caps on and prepare for this one-night-only event filled with brain-testing fundraiser.

Gather your team of four, or join individually and we'll match you with a team. Start sharpening your pencils because Saturday, 15th June is only a few weeks away!


We have a fantastic Beauty Raffle to give away, so bring along $5 for 3 tickets. We will drawn the winner on the night.

Bring along some cash for 'Buy An Answer' if you think you might get stuck.

Saturday 15th of June
7pm - 9.30pm

At the Waikato Bridge Club
56 Brookfield St, Hamilton East, Hamilton

$10 per person, 4 people to a group.

Book your team at www.artsforhealth.co.nz...

Image
2 days ago

Poppa's pulled pork

Hilda Ross Retirement Village

As the weather cools and cosy evenings become the norm, there’s nothing better than cranking up the heat and treating yourself to heartwarming comfort food. If you're craving a winter recipe that'll warm you from the inside out, look no further than Brent's irresistible slow-cooked pulled pork. Its smoky, aromatic scent often wafts from Brent’s apartment at Ryman’s Kevin Hickman Village, tempting taste buds and stirring appetites. With its tender meat and velvety sauce, this dish is every bit as delicious as it sounds – you’ll be reaching for seconds, thirds, and maybe even fourths!

Click read more for the full recipe.

Image