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

 

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Scoop Business: NZ Houses Overvalued By 25%, IMF Says

New Zealand housing is already overvalued by about 25 percent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the International Monetary Fund. More>>

ALSO:

Odometer Moments: CO2 Hits 400ppm

As the amount of heat-trapping carbon dioxide in the atmosphere hit the symbolic milestone of 400 parts per million (ppm), youth climate change organisation Generation Zero says it is time for New Zealand to rise to the challenge of building a zero carbon future. More>>

Trust Planned: Shared Vision For Mackenzie Basin Welcomed

Conservation Minister Dr Nick Smith and Environment Minister Amy Adams today welcomed a report proposing a way to manage the contentious land intensification, water, landscape, and biodiversity issues in the Mackenzie Basin. More>>

ALSO:

Scoop Business: Fidelity Acquires Most Of Tower’s Life Business For Net $70M

Fidelity Life Assurance has acquired most of Towers life insurance business for a net amount of about $70 million, propelling the closely held company to the third-largest in the market. More>>

ALSO:

The Friendly Skies: Air NZ Pressures Regulator To Drop ‘Untenable’ Cartel Case

Air New Zealand, the national carrier slated for a partial sell-down by the government, has ramped up pressure on the Commerce Commission to drop its long-running pursuit of the airline’s alleged involvement in a global cartel on air cargo surcharges. More>>

ALSO:

Scoop Business: NZ Jobless Rate Falls To 6.2% On Record Employment Jump

New Zealand’s jobless rate fell to a three-year low in the first three month of the year as the employment rate grew for the first time in four quarters, fuelled by demand for workers in Canterbury. More>>

ALSO:

New SOP: No Patents For Computer Software

“Following consultation with the NZ software and IT sector, I am pleased to be further progressing the Patents Bill with this SOP. These changes ensure the Bill is consistent with the intention of the Commerce Select Committee recommendation that computer programs should not be patentable,” says Mr Foss. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news