9 Oct 2019 - What could we buy for $2.4B

What could we have instead of Second M1 for $2.4B?
1. Free public transport in all of Queensland for everyone for about 7 years.
or
2. A 12km extension of light rail from Helensvale to Pimpama with 7 stops would cost only $690m. The remaining money pays for about 5 years of free public transport in all of Queensland.
or
3. Replace all buses serving Gold Coast and Tweed Valley with new electric buses and still have enough money left for free public transport in all of Queensland for everyone for about 6 years.

Sources:
1. The Annual Report 2018/2019 of the Department of Transport and Main Roads lists "Fare revenue" on page 236 at $360m. The cost of collecting fares is not listed.
http://tmr.qld.gov.au/…/2018_…/TMR-2018-19-Annual-Report.pdf

2. Based on the cost of stage 2 of light rail
7.3km for $420m. Similar build conditions, could be more expensive because of the bridge over Coomera river, but on the other hand no high hill to cut through like in stage 2.
http://www.gclrstage2.com/

Possible light rail stops:
1. Helensvale (Ridgevale Dr)
2. Helensvale (Helensvale Rd, Helensvale State High School)
3. Helensvale (Hope Island Rd)
4. Coomera (Gold Coast City Marina, with possible access to Sports Centre and Dreamworld)
5. Coomera (Woolworths Coomera East, Stockland Foreshore)
6. Coomera (Genesis, Coomera Waters)
7. Pimpama (Yawalpah Rd)

https://www.facebook.com/LightRailToPimpama/

3. Estimated cost of an electric bus: $1m. Surfside Bus Lines serves Gold Coast and Tweed Valley in NSW and have currently 403 buses:
http://fleetlists.busaustralia.com/qld.php?search=SUR