City transport needs '3x' the $37b allocated - Shane Ellison

Brent Melville
Fri, 19 Nov 2021

City transport needs '3x' the $37b allocated - Shane Ellison
'Even if we all ran out and bought EVs it wouldn't make a difference.' (Image: supplied)
Brent Melville
Fri, 19 Nov 2021
Auckland Transport head Shane Ellison says it will take closer to $100 billion in spending over the next decade to deliver the transport system Auckland needs. Ellison told an Infrastructure New Zealand forum that the government and the city had committed spending of $37b to 2031, but he fully expects that amount to grow."It'll take double or triple that number to deliver the transport system Aucklanders will be satisfied with.”He said it’s clear the same situation applies across a number of infrastructure classes.&nbs...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

My Net Worth FREE
My Net Worth: Zac Stephenson, managing director, MediaCom
Daniel Dunkley | Sun, 03 Jul 2022

MediaCom managing director Zac Stephenson says he's proud of surviving in the media industry, which can be stressful and intense. 

Finance FREE
Money Answers: what's the best share investing strategy in a recession?
Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us. 

On the Money
On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more
Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.