The New Royal Adelaide Hospital – A cancer of the coffers! What will be the cost of palliative surgery?

Aerial view of the new Royal Adelaide construction site

 

  Picture: Chris Mangan, Adelaide Now, January 14

The visionary new Royal Adelaide Hospital, designed to set an unparalleled standard of excellence in medical facility and care for South Australian public patients, is already becoming an imposing structure in the north-west corner of the Adelaide CBD. Progress over twenty month is impressive.

Site preparation has entailed clean-up of derelict railway shunting yards, excavation and removal of vast amounts of contaminated soil, replacement of underlying city sewer pipes, the laying of a huge network of pipes and cables for water, power, and telecommunications, and the sinking of massive concrete piers for the foundations.

State Treasurer John (Jack) Snelling’s headache over the debt grows with the hospital. The current debt of $5.1 billion will increase to $9.7 billion or 95% of state income in 2015. The interest will be about $750 million (4.5% of income). Re-payments of $397 million per annum for 30 years to a total of $11.91 billion start in 2016.

 

About Kenneth Robson

I studied at Adelaide Boys' High School, and the University of Adelaide, Medical School. graduating in 1961. My field of specialisation was Plastic and Reconstructive Surgery. Prior to establishing my practice in Adelaide, I spent 5 years working in India, and Papua-New Guinea, in the field of reconstructive surgery for leprosy. In retirement I joined the Australian Technical Analyst Association and passed the two examinations for a Diploma inTechnical Analysis, and the designation Certified Financial Technician (CFTe) by the International Federation of Technical Analysts.
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