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

 


A signal that Auckland transport action needs to go faster

AUCKLAND BUSINESS FORUM
Outcome: Integrated Transport Network

15 May 2015

Media release

A signal that Auckland transport action needs to go faster

The $375 million interest-free loan to the New Zealand Transport Agency to accelerate key Auckland transport projects indicates that Government agrees with business that the City must get the job finished with speed and urgency, said Auckland Business Forum chairman Michael Mr Barnett

He was responding to the Auckland transport package confirmed in today’s Budget.

“These are projects that really need to happen if Auckland is to reduce congestion and get people and freight moving efficiently.”

Some of these projects have sat on Auckland’s plans for decades. The business community will now be expecting NZTA to pick up the pace to ensure projects such as the freight-critical East-West Link get underway as fast as possible.”

The Onehunga, Southdown, Penrose area where the East-West Link will be built generates around 18% of Auckland’s GDP, is Auckland’s second highest area for employment and predicted to see a big increase in heavy truck access as the Auckland economy grows.

“Roads in the area are among Auckland’s most congested, but are home to businesses that play a critical role in moving freight around Auckland and the upper North Island and beyond” concluded Mr Barnett.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

GDP: NZ Economy Grows Faster-Than-Forecast 0.7%

New Zealand's economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar jumped after the data was released. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news