NEWSFLASH! In September I will join The Conversation as its Business and Economy Editor. I have been honoured to work at The Age for the past ten years, originally alongside the legendry Tim Colebatch, and for the past four years as economics editor in my own right.

At The Conversation, my job will be to make the best thinking from Australia's 40 univerisites accessible to the widest possible audience. That means you. From the new year I will also write a weekly column.

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I'll continue to post great things from The Conversation and other places here, and also on Twitter and Facebook. Enjoy.

Thursday, October 14, 2010

A cost-benefit analysis for the Snowy Mountains Scheme?


Yes. A public inquiry into the costs and benefits

By way of background:

"The Commonwealth Government, however, being seized with the national implications of these proposals, brought about a meeting in 1946 of Commonwealth and State representatives to discuss the general utilization of Snowy waters, and subsequently a Committee was set up to examine the whole question on the broadest possible basis. This Committee, in a report submitted in November, 1948, suggested consideration of a far greater scheme than any previously put forward. It involved not only the simple question of utilization of the waters of the Snowy, but a general consideration of the possible diversion of a number of rivers in the area, tributaries, not only of the Snowy, but of the Murray and Murrumbidgee. The recommendations of the Committee were generally agreed to by a conference of Ministers representing the Commonwealth and States of New South Wales and Victoria, and it was also agreed that the Committee should continue its investigations. A further report was submitted by the Committee in June, 1949, as a result of which the Commonwealth Parliament passed the Snowy Mountains Hydro-electric Power Act. In the next month the Snowy Mountains Hydro-electric Authority was constituted, and thus was inaugurated the greatest engineering scheme in Australian history."


The Parliamentary Library has come good with a final report dated May 1950:

Proposals to Divert the Snowy River - Final Report




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