NZ has $287b of infrastructure to maintain but doesn't

Spending on renewals hasn't kept pace with depreciation for things such as the highway network. (Image: NZME)

Fri, 23 Feb 2024

New Zealanders have more infrastructure per capita than a generation ago, but we’re not spending enough on renewals, a new report has found.Research from the Infrastructure Commission, Te Waihanga, put the total value of all built infrastructure (excluding land) in New Zealand at $287 billion. On a per capita and inflation-adjusted basis that works out at $55,800 per person, a 70% increase on the $32,900 worth of infrastructure per person in 1990.The economics director at the commission, Peter Nunns, said the uplift complic...

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