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

 


Any Delay to Motorway Building Unacceptable

Auckland Business Forum

26 January 2006

Any Delay to Transit’s Motorway Building Programme is Unacceptable…..

Michael Barnett, chairman of the Auckland Business Forum, said that at a meeting yesterday the Forum noted that if Transit is going to deliver on its 2014/15 timeline, at this point tolling is the only viable option on the table to address a $900 million funding gap.

He said that the Forum’s support for tolls is subject to the Government undertaking to review and address areas of unfairness and inequality in the current road pricing system, including:

1. Money currently raised by road user taxes but not spent on fixing the roads.
2. The introduction of tolling is done in a way that is fair and equitable to all road users and communities.
3. The system gives urgently needed certainty to Transit’s road building programme.
4. Enables sensible and affordable allocations to improve regional bus services.

With these very clear conditions in mind the Auckland Business Forum resolved:

- To give support to a regional initiative for legislation to enable a “network toll” as part of establishing a more equitable road pricing system.

- This support is on the basis that it NOT delay but help speed up Transit’s programme for completion of the Western Ring Route and other key motorway projects by 2014/15.

- To support a toll on the whole of the Western Ring Route as a step towards establishing a more equitable road pricing system.

- To have this actioned URGENTLY, to give road builder Transit the funds it needs by 1 July – the start of a new financial year - to bridge the $900 million funding gap it has already identified for completing the Western Ring Route on time.

Mr Barnett acknowledged a strong sentiment in the region that the Government should be committing all the fuel tax revenue it currently takes from Auckland motorists to the region’s land transport projects. “Doing this will provide an additional $200 million a year for Auckland transport projects.”

“On the other hand, the overwhelming majority of Auckland tell me that any delay to Transit’s programme is unacceptable,” he said.

Alasdair Thompson, CEO of Auckland Employers & Manufacturers Association, noted that the Prime Minister last August made a promise to Auckland that the Western Ring Route would be completed by 2015, providing Aucklanders accept tolls on new sections of it. “So we expect Transit to keep to this timeline.”

He noted that there are other options than tolls for meeting the funding shortfall, and which should be assessed as part of the road pricing review.

Mr Barnett said the next step in the toll debate should be for Government to publish the Ministry of Transport’s Auckland Road Pricing Study which had been in the pipeline since 2003.

“But the bottom line stands – any delay to Transit’s state highway programme is unacceptable and I suggest unnecessary.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news