One hour, one billion dollars: Treasury opposed transport top-up

One hour, one billion dollars: Treasury opposed transport top-up
Transport Minister Simeon Brown said the $1b would be used to accelerate priority projects like the roads of national significance. (Image: NZME)
Oliver Lewis
Treasury recommended against including $1 billion of Crown funding to speed up a suite of promised transport projects in Budget 2024, saying it only had an hour to review information on the proposal.The advice provided to Finance Minister Nicola Willis, Infrastructure Minister Chris Bishop and Transport Minister Simeon Brown on April 9 was released on Thursday as part of a proactive release of Budget documents.The Government ignored the advice and included the $1b in the Budget, taking total Crown grants in the 2024-27 period covered by the Gov...

More Infrastructure

New directors appointed to NZ infrastructure boards
Infrastructure

New directors appointed to NZ infrastructure boards

New directors have been appointed to the boards of Crown Infrastructure Delivery (CID), National Infrastructure Funding and Financing (NIFFCo), and the New Zealand Infrastructure Commission.Infrastructure Minister, Chris Bishop, highlighted the expertise the new and reappointed d...

BD AI 16 Oct 2025
'Meth' ministry moves: staffing data sought for four-way merger
Infrastructure

'Meth' ministry moves: staffing data sought for four-way merger

Work is progressing on a four-ministry merger with the pejorative nickname ‘Meth’.

Dileepa Fonseka 14 Oct 2025
Aratere sold for scrap, price deemed commercially sensitive
Infrastructure

Aratere sold for scrap, price deemed commercially sensitive

The Aratere ferry has been sold to a specialist recycling shipyard in India for an undisclosed amount.“Details of the sale price are commercially sensitive,” Duncan Roy, executive general manager of Interislander, said.  The ferry was retired last August to make way for the port...

Rebecca Howard 10 Oct 2025
Govt looks to put its Chorus investment on the block
Infrastructure

Govt looks to put its Chorus investment on the block

The finance minister said there's no policy reason for Govt to hold Chorus securities.

Rebecca Howard 10 Oct 2025