Congestion charges could help fund $75b infrastructure shortfall

Water issues: Wellingtonians could be facing $5b water bill.

Thu, 13 May 2021

Traffic congestion pricing and more road tolls are needed to fix New Zealand’s looming infrastructure imbalance, the NZ Infrastructure Commission says.In its 30-year infrastructure strategy released today, the commission suggested levying a congestion fee for road users in Auckland will help reduce the transport load but also provide an important source of funding for infrastructural investment.This echoes a recent analysis by the Waka Kotahi NZ Transport Agency and Auckland Transport which said levying road users will reduce peak time tr...

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Markets Market close

NZ sharemarket down 1.13% for the week

The S&P/NZX 50 Index closed at 11,796.21, down 39.83 points or 0.34%.

Graham Skellern 19 Apr 2024

Law & Regulation

Two new judicial appointments

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Staff reporters 19 Apr 2024

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Fast-track ‘stakeholders’ list released

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Victoria Young 19 Apr 2024

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Boosting rural growth with innovation

Productivity and sustainability go hand in hand for the rural sector

ASB Scam Update

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Auckland's new "Midtown" taking shape

5-star hybrid workspaces, combined with the City Rail Link, are creating a revitalised inner-city zone designed to motivate workers back to the office.

Alberts