Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Road Transport Industry Will Hold Greens to Promise

Road transport industry will hold Greens to benefit-cost promise

Green Party Leader James Shaw’s assurance that all transport funding will be treated on an even playing field and that the Government will apply the same benefit-cost analysis for all transport projects is a promise that the road transport industry will keep him to, says Road Transport Forum Chief Executive Ken Shirley.

“It is encouraging that the Greens are so committed to adhering to strict benefit-cost analysis in determining the suitability of future transport projects,” says Shirley. “The Road Transport Forum has always advocated for such a policy and we look forward to holding the Greens to that promise.”

“It is also encouraging to hear that Mr Shaw will treat all transport funding dollar-for-dollar on an even playing field. That is exactly as it should be, the various transport modes must be allowed to compete for customers and freight on true comparative advantage, without the distortion of taxpayer subsidies or cross-subsidisation from other modes.”

“I hope that the Greens new lust for fiscal discipline will convince them to drop plans for a daily Palmerston North to Napier passenger rail service because there isn’t a benefit-cost model anywhere in the world that will make that stack up,” says Shirley.


ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 




Energy: New Zealand Could Be World’s First Large-scale Producer Of Green Hydrogen

Contact Energy and Meridian Energy are seeking registrations of interest to develop the world’s largest green hydrogen plant. The plant has the potential to earn hundreds of millions in export revenue and help decarbonise economies both here and overseas... More>>


MBIE: 36th America’s Cup Post-event Reports Released

Post-event reporting on the 36th America’s Cup (AC36) has been released today. The reports cover the delivery of the event by Crown, Council and America’s Cup Event Limited, economic impacts for Auckland and New Zealand, and delivery of critical infrastructure... More>>

Fonterra: Farmer Feedback Set To Shape Revised Capital Structure Proposal

With the first phase of Fonterra’s capital structure consultation now complete, the Co-op is drawing up a revised proposal that aims to reflect farmers’ views. A number of changes are being considered to the preferred option initially put forward in the Consultation Booklet in May... More>>




Statistics: Household Saving Falls In The March 2021 Quarter

Saving by New Zealanders in the March 2021 quarter fell to its lowest level in two years after rising sharply in 2020, Stats NZ said today. Increases in household spending outpaced income growth, leading to a decline in household saving from the elevated levels that prevailed throughout 2020... More>>

ALSO: