Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Borrowing to fund roads proposal excellent


Media statement Wednesday, June 18th 2003

Borrowing to fund roads proposal excellent

The Board of the Employers & Manufacturers Association (Northern) yesterday hailed Government's excellent proposal to borrow to build roads.

"Making tough decisions is becoming a hallmark of this Government," said Alasdair Thompson, EMA's chief executive.

"Government is showing it is prepared to act on issues like transport when others in the past dithered.

"When the leader of NZ First, for example, would not support a similar proposal by the previous National government, interest in sorting out roads disappeared.

"Government's ability to make economically robust transport decisions is nonetheless being crimped by the Greens.

"For example, it is ludicrous for Jeannette Fitzsimmons to claim that completing Auckland's long delayed roading network will make congestion worse.

"Her argument is out of touch with commercial reality. It's like saying Pak n Save should not build anymore supermarkets because customers will only go shopping more often.

"The funding shortfall of at least $2.5 billion for Auckland's transport needs alone over the next decade, including passenger transport, could be leveraged off Transfund's existing budget of about $380 million per annum.

"It is entirely appropriate for Government to borrow to complete long overdue roading infrastructure.

"Government will also need to raise petrol taxes and road user charges nationally, and ensure all this additional revenue goes into roading and public transport in the regions from whence the funding derived.

"Private sector participation in constructing new roads is needed as well, hence toll roads are required along with congestion or peak time pricing on key routes."

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Zimbabwe: New Democracy, Or A False Dawn?

Gordon Campbell: Robert Mugabe = Hosni Mubarak. The current jubilation on the streets of Harare at the fall of Zimbabwe’s dictator Robert Mugabe is genuine, and one hates to be negative about the country’s future. Yet the situation is eerily similar to the scenes in Cairo in early 2011, when a popular uprising swept Hosni Mubarak from power in Egypt. More>>

 

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>

ALSO:

Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>

ALSO:

Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>

ALSO:

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election