Govt to raid regional growth fund and motorists' pockets to fund new transport priorities

Tue, 03 Apr 2018

By Pattrick Smellie April 3 (BusinessDesk) - The government is proposing to raise petrol excises by between 9 and 12 cents a litre over the next three years and to funnel cash from its $3 billion Provincial Growth Fund into improving local roads, new public transport and rail services, which it says the last government ignored. Releasing a draft National Policy Statement on Land Transport for public consultation, Prime Minister Jacinda Ardern was flanked by Ministers from across the coalition government to outline an approach to land tran...

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