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

 


Back agriculture back our Roads

18 July 2014

Back agriculture back our Roads

Federated Farmers welcomes the Government’s announcement to increase investment in our deteoriating rural roads, but has concerns at whether it will be enough.

“A proposed increase of 4.3 percent per annum for local road improvements, and a 2.4 percent increase for local road maintenance, is long overdue but it remains to be seen whether it is enough.” says Katie Milne, Federated Farmers Local Government Spokesperson.

“To date, the investment in our rural roads has not kept up with inflation and it is evident in each pot hole and/or goat track that farmers, families, school buses and contractors navigate everyday.

“We are pleased this is now being addressed but is it a sufficient recognition of the importance of roading to an economy reliant on primary production, and in turn it’s long rural roads?

“With the extreme weather conditions, more traffic that is heavier and wider, our rural roads are not coping. If investment in roading maintenance doesn't keep pace with roading costs, which are forecast to increase significantly, we're looking at a major shortfall in roading maintenance budget over the next decade.

“Whilst the increase in maintenance and improvement costs appears to be reasonable, the Society of Local Government Managers (SOLGM) "Forecasts of Price Level Change Adjustors 2013 Update" has roading costs increasing at around 3.5 percent per annum until 2023.

“We have identified the economic value in investing in our ‘Seven Roads of National Significance’, now we need to do the same with our rural roads. Increasing our investment here will keep our input, output, and processing and export costs lower, keeping us competitive in the export markets.

“Whilst our industry grows, so should the investment in our infrastructure. Investment here is an investment in economic returns,” concluded Ms Milne


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news