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


The NZ technology that’s driving solutions for global issues

How to fund transport infrastructure is a challenge faced by many governments and was one of the global issues discussed by the International Road Federation (IRF) in Las Vegas, Nevada recently.

Senior transport industry and institutional specialists from over 50 countries gathered for constructive engagement to identify common challenges, learn of policy developments and the opportunities technology is enabling for more effective and efficient road funding sources.

Technology-enabled funding models were considered, with the approach implemented in New Zealand holding high interest amongst attendees due to the successful implementation, industry adoption and ease of use for both transport operators and government.

Nina Elter, SVP of Global Market Development at EROAD was invited to present an overview of the approach taken in New Zealand, and the pioneering system developed by EROAD.

EROAD implemented the world’s first electronic road user charging system, using technology to create products and services capable of delivering multiple funding or compliance requirements from within the one platform. EROAD takes a unique approach, bridging both industry and government to ensure successful outcomes of fair and effective road funding that is easy to manage for all involved.

EROAD’s propriety driver-facing device uses innovative technology, developed in New Zealand by EROAD, to ensure accurate and reliable information can be easily accessed by transport operators for any compliance requirements. This single platform enables a ‘solution neutral’ approach can be taken to road funding and is why the company’s technology is being used to investigate road funding options overseas.

In recognition of EROAD’s expertise in providing solutions to global transportation problems, Ms Elter was appointed as a non-executive director on the IRF Board, and engaged as Chair of the IRF committee that will enable best practice and learnings on road user charging to be shared amongst the 118 countries belonging to the IRF.

Steven Newman, CEO of EROAD says “We’re obviously delighted that our technology is receiving such prestigious attention. There’s quite a bit of innovative technology that is now spreading out from New Zealand onto the global stage”.

© Scoop Media

Business Headlines | Sci-Tech Headlines


TradeMe: Property Prices In Every Region Hit New High For The Very First Time

Property prices experienced their hottest month on record in December, with record highs in every region, according to the latest Trade Me Property Price Index.\ Trade Me Property spokesperson Logan Mudge said the property market ended the year with ... More>>

Motor Industry Association: 2020 New Vehicle Registrations Suffer From Covid-19

Chief Executive David Crawford says that like some other sectors of the New Zealand economy, the new vehicle sector suffered from a case of Covid-19. Confirmed figures for December 2020 show registrations of 8,383 were 25% ... More>>

CTU 2021 Work Life Survey: COVID And Bullying Hit Workplaces Hard, Huge Support For Increased Sick Leave

New data from the CTU’s annual work life survey shows a snapshot of working people’s experiences and outlook heading out of 2020 and into the new year. Concerningly 42% of respondents cite workplace bullying as an issue in their workplace - a number ... More>>

Smelter: Tiwai Deal Gives Time For Managed Transition

Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed to working on a managed transition with the local community,” Grant Robertson said. More>>


OECD: Area Employment Rate Rose By 1.9 Percentage Points In The Third Quarter Of 2020

OECD area employment rate rose by 1.9 percentage points in the third quarter of 2020, but remained 2.5 percentage points below its pre-pandemic level The OECD area [1] employment rate – the share of the working-age population with jobs – rose ... More>>

Economy: Strong Job Ad Performance In Quarter Four

SEEK Quarterly Employment Report data shows a positive q/q performance with a 19% national growth in jobs advertised during Q4 2020, which includes October, November and December. Comparing quarter 4, 2020, with the same quarter in 2019 shows that job ad volumes are 7% lower...More>>

NIWA: 2020 - NZ’s 7th-warmest Year On Record

The nationwide average temperature for 2020, calculated using stations in NIWA’s seven-station temperature series which began in 1909, was 13.24°C (0.63°C above the 1981–2010 annual average). New Zealand’s hottest year on record remains 2016, when... More>>

Quotable Value New Zealand: Property Market Set To Cool From Sizzling To Warm In 2021

Nostradamus himself could not have predicted the strange series of events that befell our world in 2020 – nor the wild trajectory of New Zealand’s property market, which has gone from “doom and gloom” to “boom and Zoom” in record time. Even ... More>>