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

 


Ridesharing Institute Welcomes Poll Result


News release from the New Zealand Ridesharing Institute

Ridesharing Institute Welcomes Poll Result

AUCKLAND, 19 November 2012 ~ The New Zealand Ridesharing Institute welcomed the results of a Horizon Poll published today that found a majority of Aucklanders want the Government to make a significant contribution to the $2.86 billion City Rail Link. It confirms that the only way the City Rail Link project makes sense for the people of Auckland is if they can find someone else to pay for it.

The findings help confirm the Ridesharing Institute’s argument that the Central Rail Link, while being a wonderful idea, is just too expensive for the number of people who will use it. The report finds that about 14,000 additional people will use the rail, which works out to a capital cost of over $200,000 per full time passenger. This works out to $20 per trip in interest costs alone. Add operating costs, and the subsidy per passenger per day will be well over $60.

This highlights the need for a broader discussion about the cost of transportation infrastructure and how it is used in Auckland. It is very poorly managed.

Each day 400,000 Aucklanders drive alone to work. They take 1.2 million empty seats with them. This is a lot of unused capacity, and the Ridesharing Institute argues that effort should be put into making better use of existing capacity before spending large sums of other people’s money building rail that so few people are expected use.

The New Zealand Ridesharing Institute is a non-profit group of concerned citizens and transportation professionals who believe there is an opportunity to make our transport systems work better by encouraging a much greater level of passengership in existing cars, vans, and buses.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news