Congestion charges could help fund $75b infrastructure shortfall

Congestion charges could help fund $75b infrastructure shortfall
Water issues: Wellingtonians could be facing $5b water bill.
Brent Melville
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...

More Economy

How NZICC could change Auckland's CBD
Economy

How NZICC could change Auckland's CBD

Developers are pouring billions into Auckland CBD's midtown area.

Dileepa Fonseka 13 Mar 2025
Gap between NZ and Aus bank interest margin grows
Economy

Gap between NZ and Aus bank interest margin grows

In New Zealand, 2024 net interest margins were flat at 2.34%.

Gregor Thompson 12 Mar 2025
School lunch provider Libelle Group tipped into liquidation
Retail

School lunch provider Libelle Group tipped into liquidation

It is contracted to deliver approximately 125,000 meals a day. 

Staff reporters 11 Mar 2025
Trump declines to rule out recession
Economy

Trump declines to rule out recession

President sees ‘period of transition’ as he tries to reshape US economy.