In its own little test of the validity of willingenss-to-pay theory, our illustrious leader has decided to introduce a voluntary gold coin donation for entry into the ACT Parks and Conservation estate. The idea is that it will reign in TaMS’ mult-mullion dollar overspend.
The only problem is that Australians, and people in general, are usually unwilling to pay. Witness the low rates of payment for voluntary school fees at public schools as an example. I expect no better on this scheme, and that’s assuming no one raids the locked boxes for parking money.
Our leader is also not too hopeful about the prospects of this scheme succeeding, but he seems to think it is worth a go. Full marks for trying, at least.
There’s no ACT Government press release yet, but here’s the ABC story.