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

 


Freight focus in Budget’s Auckland transport package

15 May 2014

Freight focus in Budget’s Auckland transport package – “strongly supported”

The focus in today’s Budget on getting faster action on key Auckland transport projects that that are vital to the road freight sector has been greatly welcomed by David Aitken, chief executive of the National Road Carriers.

“With expectations that freight and truck activity will grow by around 50% across the country in the next 30 years, but by almost 80% in Auckland acknowledged by the Government, it is very obvious why it wants an accelerated programme to address critical Auckland transport projects.”

He was especially pleased that the Budget announcement of Transport Minister Gerry Brownlee confirmed funding for the NZ Transport Agency to progress the East-West Link project, even though it is not currently part of the State Highway network.

The road network linking the freight distribution companies located around Neilson St with the rest of Auckland, and where the East-West Link will be built, is critical to the efficient functioning of Auckland’s day-to-day economy, and the distribution of freight to key destinations such as Ports of Auckland, Auckland Airport as well as towns and cities of the upper North Island.

The NRC has high expectations that the East-West Link project will be an efficient, safe motorway-to-motorway link for freight between SH1 at Mt Wellington and SH20 at Onehunga, concluded Mr Aitken.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news