Govt sets $22b transport plan, lowers debt repayment track

Transport Minister Simeon Brown has released the final government policy statement on transport. (Image: NZME)

Thu, 27 Jun 2024

The Government has confirmed a record $22 billion spend in its final transport plan, while also scaling back expected debt repayments through to 2030.The government policy statement (GPS) on land transport functions as an effective transport budget, setting Crown priorities and directing how spending should be divvied up between different activity classes from the National Land Transport Fund (NLTF).Transport Minister Simeon Brown released the final GPS on Thursday, setting out what he described as an ambitious $22b spend, including a 41% boost...

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