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

 


$375m to accelerate Auckland transport projects

$375m to accelerate Auckland transport projects

Budget 2014 provides $375 million of new capital funding for the New Zealand Transport Agency (NZTA) to accelerate $815 million worth of Auckland transport projects, Transport Minister Gerry Brownlee says.

The projects will address congestion in our largest city, capitalise on the benefits of major roading projects already under way, such as the Western Ring Route, and improve access to Auckland International Airport.

“No Government has invested so heavily in transport infrastructure across all transport modes,” Mr Brownlee says.

“But with freight demand forecast to grow by around 50 per cent across the country in the next 30 years, and by almost 80 per cent in Auckland, and with a growing population, we’ve decided to bring a number of important projects forward.”

The programme to deliver the Auckland transport package is:
· Delivery of projects on the Northern Corridor, Southern Corridor and State Highway 20A (as outlined in the following table) by 2019/20 ($800 million).
· Further investigations to determine the preferred scope of the East-West Link over 2014/15 ($10 million).
· Progression of the Panmure to Pakuranga phase of the Auckland Manukau Eastern Transport Initiative (AMETI) over 2014/15 ($5 million).

“Some of these projects were up to a decade from starting, but we’ve decided they simply must begin sooner to give Auckland the best opportunity of moving people and goods around the region,” Mr Brownlee says.

The $375 million will be transferred to NZTA as an interest-free loan, to be repaid to the Crown by funding currently allocated to these projects in the National Land Transport Fund up to 2026/27.

The Government is also announcing today $32.7 million of new operating funding over the next four years to cover the debt financing cost to the Crown of the interest-free loan.
ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Christchurch Fires: Friday Morning Update

Slightly cooler weather conditions and higher humidity with some light rain having fallen early this morning is welcome relief for emergency services fighting the Port Hills fire in Christchurch..

It has been a quiet night with a few minor flare ups contained by fire crews. Thermal imaging is being used to identify hot spots. There is a lot of work to do to clean up the whole fire area and this will go on for several days.

Te Hapua Welfare Centre remains open with a small amount of people staying there. Nga Hau E Wha Marae and the Selwyn welfare centre have been closed. Police cordons are still in place and these areas are still considered dangerous. The situation is being constantly reassessed and we will provide further information as soon as it is available. More>>

 
 

Turnbull Visit: Leaders’ Talks Cement Trade Relations, Science Agreement

Mr English met with Prime Minister Turnbull in Queenstown today to discuss common approaches to bilateral and international issues, including trade and science and innovation. Mr English also thanked Mr Turnbull for Australia’s offer of support for those fighting the fires on the Port Hills in Christchurch. More>>

ALSO:

Youth Guarantee: Upskilling Fund Used For Retraining

News that one in five of the people enrolling in Youth Guarantee already hold qualifications at the level they’re enrolling in highlights the failure of the scheme to reach the disengaged young people it was set up to assist, says Labour’s Education spokesperson Chris Hipkins. More>>

ALSO:

Gordon Campbell: On What Trump May Mean For Us

So far not much effort has been put into tracing the possible implications for New Zealand of the stream of executive orders and tweets that have been pouring from the Oval Office. Unfortunately, we may not simply be drive-by rubberneckers at this car wreck for much longer. More>>

Pike River Select Committee: Solid Energy Chair Talks Resignation Over Re-Entry

Andy Coupe, chair of failed state-owned coal miner Solid Energy, said at a fiery select committee this morning that he would consider resigning if the government orders the company to re-enter the Pike River coal mine. More>>

ALSO:

Gordon Campbell: On Labour’s Candidacy Troubles

So its official. Greg O’Connor will indeed be Labour’s candidate in Ohariu and – as also signaled well in advance – the Greens will not be standing a candidate in the electorate. At this point, you have to question the validity of the Greens’ excuse – “we need to change the government” – for tagging along.... More>>

ALSO:

Post-Shooting Security: Guards Say WINZ Safety Protocols Unsafe

“The safety issue has moved from inside WINZ offices to outside where security guards are isolated in front of locked doors with nowhere to retreat if they need help,” says Len. More>>

ALSO:

PM’s Press Conference: Housing, Housing, Housing

Questions from the gallery focused on housing, asking about the Auckland Unitary Plan, the potential skills and resource shortage and whether NZ would seek help from overseas. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news