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

 


Wellington’s Lag as New Zealand’s Capital City Woeful

Wellington’s Lag as New Zealand’s Capital City Woeful

Property Council Wellington is extremely concerned with the decision to axe the Basin Reserve Project.

An independent Board of Inquiry has declined resource consent for the New Zealand Transport Agency’s (NZTA’s) $90 million flyover project which is a huge step back for the city.

Property Council agrees with Greater Wellington Regional Council, Wellington City Council and the NZTA that north-south traffic must be separated from east-west traffic in the area.

The other important aspect of this project is its integral role in the Wellington Northern Corridor project.

This project provides desperately needed infrastructure from Wellington Airport to 10 kilometres north of Levin.

The Northern Corridor brings significant benefits to Wellington:
• 8,000 construction jobs to build the corridor and 865 extra permanent roles in the region
• 30 per cent fewer serious crashes in the five years after the route is completed (2,800 over five years throughout Porirua, Kapiti and Wellington: NZTA statistics 2008 - 2012)
• Save 40 minutes journey-time between Wellington Airport and Levin by 2031
• Provide up to 31 kilometres of new walking and cycling facilities

Wellington Branch president Andrew Hay says the decision is a significant setback for a key section of transport infrastructure.

“The flow-on effect of retaining the state highway course through the high pedestrian area of Te Aro will hinder intensification and growth in residential population in the area that is otherwise ideally suited to such a growing use.”

With a projected population increase of 80,000 largely in Kapiti and Wellington central over the next 20 years, mistakes today could prove irreversible for the Capital City in the future.

Wellington has arrived at a crossroads to determine its level of progress and commercial viability but it must shed bureaucratic delays and the Not In My Backyard mentality.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news