Just thought I'd post this link for all to see as I had it hidden under a different thread.This report has gone under the radar somewhat,and has the usual findings and recommendations for all Victorian resorts. http://www.audit.vic.gov.au/reports...s/2014-15/20150212-portfolio-departments.aspx
So, whats it all about? A new chairlift would kick it into gear! "Over the five years to 31 October 2013, Mt Baw Baw has maintained a capital replacement indicator of less than one. This shows that the level of spending on asset maintenance and renewal has been less than the amount of assets consumed annually, as measured by depreciation. While the capital replacement indicator for Mt Hotham and Mt Buller are greater than one, they are only marginally so. Consequent ly, these alpine resorts should also be closely monitoring the condition of their assets."
"At 30 June 2014, 21 facilities were operating or being built in Victoria under a public private partnership. These arrangements should be subject to the same scrutiny as other public spending." http://www.audit.vic.gov.au/publica...epartments/20150212-Portfolio-Departments.pdf Here is a way forward
sort of interesting although not really. Baw Baw is the only resort that the Govt owns the lifting infrastructure. All other resorts the ski field is leased to a private company. So while a ski lift might help BB wouold improve the asset spending bottom line, the govt has no such pull at the other resorts. The asset spending for the other resorts contained in this report will be looking at Govt (RMB) maintained assets = water, sewerage, car parks, gas, roads in some cases, and public amenities, public transport within the villages. Which is also the things that no one wants to pay for eg through service charges, site rental and resort entry. And I don't really see how spending more money on these assets (apart from necessary and upgrades) will increase visitation. Most visitors are attracted by ski field development eg new lifts, terrain parks, snow making and other family on-snow activities, because bottom line is that's why 85% of visitors are attracted to the alpine resorts. Not because a new water pipe has been install, how ever necessary that may be!
