Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Road Users Angry At Transfund Buying Rail Tracks


March 2, 2001

ROAD USERS ANGRY AT TRANSFUND BUYING RAIL TRACKS WITH THEIR MONEY

Transfund’s decision in principle to help fund the purchase of railway tracks in Auckland is a gross abuse of road user’s money, Road Transport Forum NZ (RTF) and the Automobile Association said in a joint statement today.

“If the Government wants to be involved in buying back railway tracks, it should get the money from the proceeds received from the sale of NZ Rail, and not expect road users, through Transfund, to pay for it,” RTF Chief Executive Tony Friedlander said.

Mr Friedlander said Transfund’s roading account was never set up to help buy back assets former Governments have sold.

“None of the proceeds from the rail sale were paid into the roading account so it is unacceptable to expect road users to foot the bill now,” he said.

AA Director of Public Affairs, George Fairbairn, said the decision was totally unacceptable at a time when road users were confronted with traffic jams and sub-standard roads as a result of New Zealand having the lowest expenditure on roading in the western world.

“Now, as well as reducing roading spending this year by $39 million, and taking $600 million of petrol tax for general Government spending, the Government is robbing the roading account to buy back assets,” said Mr Fairbairn.

“This decision will reduce roading expenditure by $ 22 million, causing the roading programme in Auckland to fall further behind and result in even worse traffic congestion,” said Mr Friedlander.

Both organisations recognised the importance of having an effective public transport system, but using roading funds to buy back railway assets was not an acceptable solution.

“A major public policy change such as this should have involved consultation with the public and key interest groups, and not resolved through a ‘behind the scenes’ approach,” said Mr Fairbairn.

ENDS

Details:

Tony Friedlander George Fairbairn
RTF Chief Executive AA Director - Public Affairs
Ph: (025) 483-163 Ph: (04) 470-9984 (DDI)


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: