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


ARC Welcomes Land Transport NZ Funding

ARC Welcomes Land Transport NZ Funding
29 June 2006

The Auckland Regional Council has welcomed Land Transport New Zealand’s increased funding commitment to high priority transport projects in the Auckland Region – notably the duplicate Manukau Harbour Crossing and the North Shore Busway project.

Joel Cayford, Chair of the Auckland Regional Land Transport Committee says Transit should be congratulated on the progress it has made across the Auckland region on major roading projects, and he welcomes the alignment its 10-year program for Auckland has with projects emphasized within the region’s Land Transport Strategy.

“There is a limit to the amount of funding that is available for transport projects in the Auckland region and the ARC is anxious to ensure that highest priority transport projects are built first,” says Dr Cayford.

“It is appropriate that Transit commit to state highway projects which have the greatest regional support. The Auckland Regional Land Transport Strategy provides a planning platform for the next 10 years and it’s great to see we’re both on the same page.”

The ARC plans to spend $145 million on passenger transport priorities over the 2006/07 financial year – a four-fold increase from the $35.7 million set aside in 2001/02.

“We are spending about half of our total rates take over the next year on public transport - $63 million. Our subsidiary company, Auckland Regional Holdings, has set aside another $82 million,” says Dr Cayford.

“Given our contribution is matched by central government, we can count on $300 million for passenger transport in Auckland this coming year. That’s good progress!”


Transport Funding Notes for Editors
- The ARC Group proposes investing $1.6 billion in public transport and related activities over the next 10 years, made up of $1.076 billion of operating funding and $545.6 million of capital funding. This will deliver enhanced bus, train and ferry services across the region and will also allow the Auckland Regional Transport Authority (ARTA) to invest in more trains, better stations, ferry terminals and other bus facilities, along with integrated ticketing and real-time passenger information systems.

- The ARC has included in its 10-year plan a potential funding arrangement to support the introduction of currently unfunded public transport services, and to fund up to half of the cost of staged electrification of the Auckland rail network. Implementation of this funding arrangement is conditional upon the ARC being provided with additional funding sources and the ARC being satisfied with the merits of investing in electrification.

- Support for the introduction of currently unfunded public transport services will require the ARC to receive an additional $20 million in funding for each of the 10 years of the plan. This funding would also need to be matched by equivalent funding from Land Transport New Zealand.

- Providing support for half of the capital cost of the staged electrification of the Auckland rail network would require the ARC to raise debt of approximately $250 million over the period 2009 to 2016. The ARC would need $16 million per annum to repay that debt and would therefore need additional funding sources able to generate up to $36 million per annum to allow it to put the funding arrangement in place.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them.

Finally, yesterday’s announcement by the Ardern government that a new state agency will be set up to assess and plan the manned re-entry to the mine (on a set timetable) goes a long way to meeting the families’ remaining request: that they be enabled, if at all possible, to bury their loved ones. More>>


Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>


Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>


Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>


Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>


Parental Leave: National's Time-Sharing Change Fails

National has proposed a change to the Parental Leave and Employment Protection Amendment Bill that would allow both parents to take paid parental leave at the same time, if that is what suits them best. More>>





Featured InfoPages

Opening the Election