Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Reinvestment In Infrastructure Moves Forward

Joint Statement

Hon Dr Michael Cullen, Minister of Finance
& Hon Annette King, Minister of Transport

This government's major reinvestment in transport infrastructure takes another step forward from July 1.

Finance Minister Michael Cullen and Transport Minister Annette King said that some of the highlights of today's budget include funding for a 10year Canterbury Transport Regional Implementation Plan and funding for regional development initiatives in both Northland and Tairawhiti.

Other highlights include new funding to strengthen transport regulatory agencies, support for the Civil Aviation Authority to continue to meet its best practice international obligations and an expansion of the Transport Accident Investigation Commission's capability and services.

"This government has invested heavily in rebuilding New Zealand's transport infrastructure," the Ministers said. "We are currently funding the largest ever investment in our road network and have increased public transport funding by almost 1100 per cent from the $41 million spent in 1999/00.

"Building-up the public transport capability benefits not only the travelling public, but also assists other objectives such as helping New Zealand meet its commitments to reduce the effects of global climate change and to improve New Zealand's competitive position as a trading nation.

Highlights of Budget 2008's investment in rebuilding New Zealand's transport infrastructure include:

Capital funding of $33.5 million over a four year period has been secured to contribute towards the 10-year Canterbury Transport Regional Implementation Plan. The government is committed to the 10-year plan in partnership with Environment Canterbury, and in the third year of the funding announced in this Budget the government will review what additional money will be needed to complete the project.

$30 million of capital funding over three years to continue transport funding for regional development initiatives in Northland and Tairawhiti.

$15 million of capital funding over four years for aviation passenger safety and security infrastructure at airports.

$2 million of operating funding over four years for the Civil Aviation Authority to continue to meet international best practice obligations.

$4.8 million of operating funding over four years and $985,000 capital between 2007/08 and 2009/10 to strengthen Transport Accident Investigation Commission capability and expand services.

$28 million of operating funding in 2008/09 for OnTrack and $65 million between 2007/08 and 2008/09 in capital funding to maintain the national rail network and reconfigure rail land.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice.

Evidently, the National government is similarly desperate for anything that might discredit or derail the Ardern juggernaut, even if that means throwing Internal Affairs Minister Peter Dunne under a bus More>>


Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>


Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>


(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>



Mental Health Foundation: 'Positive First Steps'

“The heavy reliance on pilots and targeted approaches in the package announced today makes it plain that additional funding will be needed so that activities that work can be made available throughout New Zealand,” says Mr Robinson. More>>


'Gift' To NZ: Synod Considers Third Christchurch Cathedral Option

Members of the Anglican Diocese of Christchurch will consider three, not two, options regarding the future of the ChristChurch Cathedral... The new option is for the Synod to gift the Cathedral building to the Government for the people of New Zealand. More>>


PM's Presser: Labour's Water Policy 'Reckless', Says English

The Labour Party has "bumbled into" its policy to charge for water in a "reckless" way that would put a Labour-led government on a collision course with both Maori and other water users, Prime Minister Bill English said at his weekly post-Cabinet press conference.. More>>





Featured InfoPages

Opening the Election