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


Call for unified voice on infrastructure woes

Call for unified voice on urgent infrastructure woes

All local body Council’s, Regional Councils, business and community groups should combine forces to press Government for greater urgency to address the nation’s infrastructure woes.

This call comes from the NZ Council for Infrastructure Development which is becoming increasingly concerned about continued deferral of critical infrastructural upgrades.

“Barely a day goes without some major infrastructure development being deferred, through lack of funding, failure to gain resource consent, or indecision, NZCID Chief Executive Stephen Selwood said today.

“Last week the news was that major Auckland roading projects might be deferred for 10 years because there won’t be enough money over that time to fund both public transport and roading improvements.

“This week, a decision on securing electricity supply has been deferred, and existing transport projects ready to start won’t be funded unless Land Transport NZ can borrow from future regional funds.

“The on again off again approach causes business uncertainty and drives up costs.

“The danger is we become overly complacent in times of economic good fortune, while increasingly the nation’s core infrastructure reaches capacity and starts to fail.

“The costs of this are clearly demonstrated in rising energy costs, overflowing storm water drains, and congested and unsafe roads.

“Among the main causes of Auckland’s slow economic growth rate cited by the Auckland Regional Council and Auckland City sponsored Business and Economy 2005 study released last week were low productivity rates, pressure on vital roading infrastructure, and uncertainty about future energy supplies.

“The reality is that skilled worker productivity and capital investment in infrastructure are vitally linked.

“Productivity losses caused by lack of infrastructural investment are a daily event in Auckland where thousands of skilled work hours are wasted through unnecessary traffic delays as delivery trucks, builders, plumbers, electricians, sales people, and service workers, are held up on the roads.

“NZCID intends working with senior local body politicians and business leaders to encourage a united approach to Government to set out these concerns”, Mr Selwood said.

© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news