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


Government Infrastructure Funding is Good News

Government Infrastructure Funding is Good News

Property Council applauds the Government’s infrastructure funding announcement in its draft three-year land transport policy statement.

According to Transport Minister Gerry Brownlee, the plan includes $10.5 billion to 2018, an increase from $9.5 billion for 2012 - 2015.

Property Council has always been a proponent of more transport infrastructure funding. This form of investment has a direct and positive impact on New Zealand cities.

Property development requires viable infrastructure for people to get to and from their places of work and homes and without effective transport infrastructure, city streets will remain gridlocked, especially during peak hours.

With the current housing crisis, development must increase to allow for demand to be met.

Commercial property plays an important role in complementing residential development by providing employment and services to growing populations and adequate transport infrastructure linking communities is critical to this.

This announcement is welcome as Auckland’s transport network in particular, has long suffered from underinvestment, and now more than ever the network is struggling to accommodate the city’s ever increasing population.

Property Council chief executive Connal Townsend says infrastructure, including transport, has been partly and incorrectly funded through development contributions.

“But the Productivity Commission clearly states that loading up these costs onto developers plays a major role in contributing to housing unaffordability – particularly in Auckland where land prices are exponential.

“So it would it is a great step forward to see the Government take action on this than to load historic costs of underinvestment onto developers which has been the norm so far.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Police Authority: Use Of Taser Was Disproportionate And Unjustified

The Independent Police Conduct Authority has found that an officer’s second use of a Taser on a mentally unwell Hokitika man was disproportionate and unjustified. More>>


Gordon Campbell: On Holidays, Hekia Parata And Badlands

Hekia Parata, adieu. Reportedly, she’s been ‘passionate’ about education. She has “bravely’ led the charge on the government’s education reforms. In the past week , many of the postscripts to Hekia Parata’s career as Education Minister have sounded like a schoolteacher desperately trying to find some reason why a D student can be marked up to C minus. More>>


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news