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

 


Comment on CRL from Alex Swney

Please read below for a direct message from Heart of the City ceo Alex Swney in relation to the government’s announcement of its support of the Auckland City rail loop.


“Today’s announcement by the government to support the Auckland City rail loop is a red letter day for Auckland. The fact is that here in Auckland we cannot simply tarmac our way out of congestion.

Big applause must go to mayor Len Brown. Many doubted he could deliver on this project but here he is turning the government around and bringing them back to the table within his first term. While it might not be a case of the mountain coming to Mohammed, it has at least come as far as the Bombays.

Congestion is the number one concern for Aucklanders and one of the largest costs to doing business in the city. The Central Rail Loop is a significant game-changer that will open up the city other than by road.

We are a city of some 1.5m people, the same size as London was when it began its underground 150 years ago. That was a visionary decision and it established the city as a major international destination. Building the Central Rail Loop is at least as significant to Auckland as building the harbour Bridge was some 50 years ago.

This development will be transformational not just for Auckland but all new Zealand should welcome it. We all need to play a role in making Auckland a more efficient contributor to the New Zealand economy. This announcement acknowledges that.”


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