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


Congestion Charging Inquiry Proposes Raiding Commuters' Wallets

Responding to the release of the Transport Select Committee inquiry into congestion charging, New Zealand Taxpayers' Union spokesman Louis Houlbrooke says:

"Every cent of revenue raised by congestion pricing must be returned to motorists, such as through a reduction in the regional fuel tax."

"The select committee pays lip service to the idea that congestion charges are about cutting congestion, not raising revenue. Then it completely undermines that idea with a recommendation to raid revenues to 'reinvest public and active transport'. That's a blatant tax grab and a breach of the 'no new taxes' promise."

"We support smart congestion pricing to manage demand on our roads in a way that benefits taxpayers, not politicians. But this inquiry has hijacked a good idea and mutated it into a scheme that pumps up the government coffers."

"As we warned in June, if there’s even a hint that this policy will be used to extract more money from commuters, the idea will become politically toxic. Trust us, Minister Wood, you do not want this fight."

© Scoop Media

Business Headlines | Sci-Tech Headlines


BusinessNZ: Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today... More>>

Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>

Serious Fraud Office: Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
The Serious Fraud Office has commenced a number of enquiries into alleged abuse of the Government’s COVID-19 Wage Subsidy. Director Julie Read said the allegations relate to multiple complex cases of potential fraud that have been referred to the agency following extensive investigations ... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>

Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>

Transpower: Releases Independent Report Into Events Of August 9
Transpower’s Chief Executive Alison Andrew has today released an independent report into the grid emergency of August 9 when insufficient generation was available to meet demand, leading to some customers being disconnected... More>>