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...

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RBNZ cuts to 3%, sees cash rate reaching 2.5%

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