Gap between transport spending and revenue a ‘key risk to the fiscal position’

To use a metric favoured by Chris Bishop, $120 billion in forecast transport spending is equivalent to around 96 Transmission Gully motorways. (Image: NZTA)

Oliver Lewis

Thu, 19 Dec 2024

Treasury has become the latest agency to question the affordability of the Government’s transport plans, raising concerns about the mismatch between $120 billion in forecast investments versus only $55-60b in revenue.BusinessDesk revealed last month that the Infrastructure Commission had flagged issues with what it saw as overly prescriptive elements of the Government Policy Statement (GPS) on Land Transport and the scale of the forward work programme, including 17 roads of national significance (Rons) and 11 roads of regional significanc...

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