Canberra Times, 19 July 2010, Page 2

The ACT Government has wasted hundreds of thousands of dollars on concrete and stainless steel blocks for people to glue posters to. Each block costs either $18,171 or $36,111.

This is yet another example of ACT Labor’s mismanagement of the budget.

The  source of these costings can be found by clicking here.

From Estimates Question E10 – 726:

Total production costs (including moulds and artwork) for 18 concrete silos is $132,480 excluding GST.  The production cost per silo is $7,360 (excluding GST).  The production cost for the one higher quality, stainless steel silo for the City Centre is $25,300 excluding GST.

Procurement, design and project management costs for the 19 silos is a total of $84,131 excluding GST or $4,328 per silo excluding GST.  Costs for transportation and installation (including construction of silo footings) of 19 silos is $123,190 excluding GST or $6,483 per silo.