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

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)
Oliver Lewis
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...

More Infrastructure

AT laying groundwork for congestion charging
Infrastructure

AT laying groundwork for congestion charging

AT wants to move quickly on time-of-use charging once legislation is in place.

Oliver Lewis 23 Apr 2024
AI is a humungous electricity hog. That’s great
Infrastructure

AI is a humungous electricity hog. That’s great

Who better to drive clean-energy investment than some of the world’s biggest firms?

Bloomberg 20 Apr 2024
Fast-track ‘stakeholders’ list released
Economy

Fast-track ‘stakeholders’ list released

Major corporates including Carter Group and Fonterra are on the list.

Victoria Young 19 Apr 2024
Sniffing the breeze on the next four months
Economy

Pattrick Smellie: Sniffing the breeze on the next four months

A soon-to-be international absconder ponders what he'll find on return to NZ.

Pattrick Smellie 19 Apr 2024