Congestion charging advocated for NZ

Congestion charging advocated for NZ
Jenny Ruth
Congestion charging works and New Zealand can learn from the international experience to tailor a proven solution to chronic road congestion, according to the New Zealand Initiative.A paper prepared for the think tank found that the average Auckland motorist loses more time in traffic jams than their counterpart in Sydney and Melbourne while the time lost by Wellington drivers equals that of drivers in Melbourne."Chronic road congestion is a global epidemic plaguing poor and rich countries alike," the paper by research fellow Patrick Carvalho a...

More Economy

Spending up 3.7% in year, Westpac data says
Economy

Spending up 3.7% in year, Westpac data says

Westpac’s senior economist, Satish Ranchhod, says spending is "starting to pick up again" after the bank’s data showed a 3.7% annual rise in spending on Westpac-issued credit and debit cards. Westpac's Retail Spending Pulse, released on Friday, showed the upward shift was hel...

Staff reporters 14 Mar 2025
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