It seems that they have finally seen the light  and realised that the busway will do nothing to help public transport, or at least partially. The “new” transport minister, John Hargreaves (who has taken over the role from the disastrous Simon Corbell) has shelved the busway plan, stating that it will not be built in his lifetime. Chief Turnip Stanhope, who seems to specialise in silly rants and comments  has decided that Hargreaves statement does not reflect the view of the government.
Thankfully the government will retain the land (it’s not as if you could really do much with the land other than build transport corridors) which they acquired for the busway, and possibly use it in the future for something slightly more sane.
As I suggested back in October , light rail would make much more sense between the town centres. Gungahlin is growing and is in severe need of proper public transport links, and there is a remote possibility of another town centre being built west of Weston Creek, or between Weston Creek and Belconnen, which would make light rail a much better option.
Light rail could be built between each town centre, and as it runs on its own tracks it would not need to worry about road congestion. It could also run more directly between town centres than roads can and do.
It is good that this expensive busway has been scrapped, as we don’t need it, and really have much more important things to spend money on, especially with a budget deficit (regardless of what accounting methods the Chief Turnip invents to turn a deficit into a surplus).