Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Surplus should be great news for Auckland

Surplus should be great news for Auckland

The $3.5 billion surplus predicted by Treasury today could be great news for Auckland, said Auckland Mayor John Banks.

“The Auckland region is desperate to complete the much overdue integrated transport infrastructure, and with predictions of ongoing surpluses running to $5.2 billion the time is now right for the Government to allocate an extra $500 million a year to complete the Auckland transport network over the next five years,” he said. The Mayor noted that completion of Auckland’s roading network is in danger of being slowed by a funding shortfall.

He also said that for New Zealand to get back into the top half of the OECD we need annual sustained growth of 6% for 10 years, not the 3% currently forecast.

“What is needed to drive the economy bigger and faster is for some of the surplus to be invested in Auckland with speed and urgency. A commitment to solve Auckland’s failing economic infrastructure would be an outstanding investment for New Zealand,” said Mr Banks.

The Mayor said Auckland is the engine-room of the New Zealand economy and must lift its economic performance. This won’t happen until basic infrastructure is completed.

“The Government is to be congratulated on this good result,” concluded Mr Banks.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news