Parliament

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

 

Govt fudging figures over Transmission Gully

29 July 2014

Govt fudging figures over Transmission Gully

The government is fudging the figures over Wellington road project, Transmission Gully, the Green Party said today.

The New Zealand Transport Agency (NZTA) said today it had let the contract to a Public Private Partnership (PPP) for “a net present cost of $850 million”.

“The Government needs to come clean. In fact, the cost is $125 million per year for 25 years, so the total cost is over $3.13 billion for 27 kilometres, which works out at over $115 million per kilometre,” Green Party spokesperson Julie Anne Genter said.

“NZTA says the contract cost $25 million less than it would cost through conventional means, but it spent over $30 million just on the contracting process.

“The PPP is not a way of saving money, it is a way of hiding an expensive loan using the private sector.

“This project will be designed, constructed and maintained by private interests and these are largely foreign interests.

“Japan’s Bank of Tokyo-Mitsubishi UFJ, will be the lead financier of the PPP while Australian firm Leighton Contractors will also play a lead role.

"Public-Private Partnerships are supposedly about getting value for money but, once again, we see they are in fact cash cows for financiers, lawyers, and foreign companies while taxpayers foot the bill.

“All up, Transmission Gully is expected to deliver only $360-$500 million worth of benefits. The opportunity cost is the billions we will not be spending on smart, green alternatives that would have made it easier for people to get around, and urgent safety upgrades to roads that are used by more people every day,” Ms Genter said.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Budget

It may seem like Oliver to be so bold as to ask the Finance Minister for more gruel – but what the Dickens, Steven Joyce… is this Budget really as good as it gets?

Supposedly, the public was going to receive significant rewards – an election year lolly scramble no less – for the eight years of belt tightening that they’ve endured, and for the rundown of essential public services.

Well, what Budget 2017 delivered instead in Education and in Health were allocations barely sufficient to maintain the current levels of service delivery More>>

Scoop Full Coverage: of Budget Announcements & Reaction
Latest: Scoop Search

 
 

Auditor-General Stands Down For Investigation: Gordon Campbell On (Not) Taking Responsibility

So Martin Matthews, our current Auditor-General wishes he could have detected “earlier” the fraud that occurred on his watch at the Ministry of Transport. Hmmm. But he could have detected it earlier, surely? That’s the point. More>>

ALSO:

NGOs Pleased: Govt To Halt Collection Of Client Data

Brenda Pilott, the chair of ComVoices and national manager of Social Service Providers Aotearoa, congratulates the government on its decision to call a halt to the collection of individual client data until the concerns of not-for-profit service providers have been worked through. More>>

ALSO:

Gosh: Blasphemy Law Repeal Struck Down

Chris Hipkins, the MP who tabled a Supplementary Order Paper to add our Blasphemy Law to the Statutes Repeal Bill, said this was a "sad day for freedom of speech, tolerance, and leadership". More>>

ALSO:

Gordon Campbell: On The Navy’s Dealings With Fat Leonard, And Twin Peaks

At an official level, our “she’ll be right” attitude routinely spills over into a keen resentment of anyone who suggests the outcomes may be less than satisfactory… The Navy has now gone one step beyond. It won’t even ask itself whether it did a good job. More>>

ALSO:

NZDF: Fifth Rotation Of Troops Heads To Iraq

The fifth rotation of New Zealand Defence Force troops left today for a six-month mission training Iraqi soldiers. More>>

ALSO:

Gordon Campbell: On The Demonising Of Iran

Will New Zealand still be willing to pursue its recent trade overtures to Iran, now that US President Donald Trump has used his speech in Riyadh to single out Iran as the main source of terrorism and instability in the Middle East? More>>

ALSO:

 
 
 
 

Opening The Election Supporters

 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election
 
 
 
  • PublicAddress
  • Pundit
  • Kiwiblog