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

 

Breaking Decades of Infrastructure Underinvestment

Breaking the Mould of Decades of Infrastructure Underinvestment

“The Government’s $12 billion infrastructure programme is a fantastic start towards building the infrastructure New Zealand needs to realise its potential,” says Infrastructure New Zealand CEO Paul Blair.

The Government announced the details for over $7 billion of its $12 billion in infrastructure spending today. Transport investments were made across New Zealand’s growth areas, with $5.3 billion allocated to road corridors (including accompanying cycle- and footpaths), $1.1 billion to rail, and nearly $400 million on the Skypath and Seapath for cycling and walking across Auckland’s Waitematā Harbour.

The announcements also included $300 million for health facilities, the previously announced $400 million for schools, and a portion of the promised $200 million for decarbonising heating at hospitals and schools.

“The infrastructure sector has been crying out for investment and a long-term pipeline, which this package delivers. The new partnership approach outlined in the Construction Sector Accord is now absolutely critical to move these plans off the page and into the hands of Kiwis,” says Blair.

Announcements about how the $4 billion Multi-Year Capital Allowance will be spent can be expected at the May Budget and the Auckland Light Rail decision is expected soon.

“The additional spending and multi-year nature of the package should provide the sector with the confidence to ramp up recruitment, training, and capital investment, with more yet to come,” says Blair.

“Te Waihanga – the NZ Infrastructure Commission – will be producing a long-term infrastructure strategy for New Zealand within the next two years that we expect will reveal tens of billions of infrastructure need across the country.

“Our water, schools, hospitals, climate resilience, defence, and housing infrastructure all have significant needs.

“Today’s announcements show central government’s funding power, however local government owns 40 per cent of our infrastructure and largely control RMA processes which are critical to delivering projects.

“We call for enhanced partnership between central and local government (including the right funding and incentives), to maximise the effectiveness of this top-down investment.

“The time is right to move our attitude from infrastructure ‘costs’ to ‘investments.’ With a strong fiscal position and low borrowing costs, there has never been a better time for a long-term, multi-partisan approach to investing in New Zealand’s future wellbeing," says Blair.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Political Donations Scandals


Even paranoids have real enemies. While there has been something delusionary about the way New Zealand First has been living in denial about its donations scandal, one can sympathise with its indignation about Paula Bennett and Simon Bridges being among its chief accusers. Given that the National Party is enmeshed in a donation scandal of its own that shares the same core features, it is a bit like Al Capone being accused of wrongdoing by Bonnie and Clyde. Unfortunately, the entire country seems to be living in denial about the existence of these sort of shenanigans... More>>

First Published on Werewolf here


 

Water Woes: Wellington Reflects National Problem

Water utilities right across the country face major challenges to upgrade and maintain their underground three waters network. Water New Zealand’s Technical Manager, Noel Roberts says Wellington’s waste water woes are not unique to the capital city... More>>

ALSO:

2020 And Beyond: National’s Economic Plan

National Leader Simon Bridges has today outlined National’s economic plan heading into election 2020. “National understands the economy and how it impacts on New Zealanders day to day lives... More>>

ALSO:

Abortion Legislation Committee: Abortion Bill Report Presented To The House

The Abortion Legislation Committee has presented its report on the Abortion Legislation Bill to the House. A copy of the report is available here. The bill seeks to have abortion services provided like other health services... More>>

ALSO:


Local Government NZ: New Report A Pathfinder For Affordable Housing

A report released today by LGNZ provides a roadmap for councils finding their way through the complex policy, regulatory and market tools available to help enable more affordable housing developments for New Zealanders. With demand soaring, rents ... More>>

ALSO:

“Can Do Better”: Sallies Election Year Report Card

This year’s State of the Nation report by The Salvation Army offers a mixed bag of outcomes, with some significant headline progress - but also an ambitious list of “can do better”. Government action is delivering limited improvements... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels