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


High Transport Costs are holding New Zealand Back

Media Release
25 January 2008

High Transport Costs are holding New Zealand Back

Figures showing that New Zealand freight costs are 30% higher than they are in Australia are a real concern according to the Wellington Regional Chamber of Commerce.

The figures released by the Road Transport Forum today compare New Zealand with Victoria and Tasmania.

“An efficient and cost effective transport system is essential if New Zealand is to maintain its international competitiveness,” said Chamber CEO Charles Finny.

“Transport costs flow through to all parts of the economy. Businesses and consumers pay the price of over inflated freight costs which are reflected in everything they buy.

“Higher transport costs relative to Australia partly show why that country has a higher productivity record than New Zealand.

“If the government is serious about increasing our productivity growth, there is potential to make great progress here,” Mr Finny concluded.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Crown Accounts: Slightly Softer Growth Expected In PREFU

A slightly softer growth forecast is the main feature of largely unchanged Pre-election Fiscal Update compared to the Budget forecasts three months ago, Finance Minister Steven Joyce says. More>>


Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>


Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>