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

Fletcher exits Pūhoi toll road investment
Infrastructure

Fletcher exits Pūhoi toll road investment

The $20.2m sale ends Fletcher’s equity role in the Pūhoi to Warkworth toll road.

EPA’s Allan Freeth sets record straight
Primary Sector

EPA’s Allan Freeth sets record straight

Resignation news a simple case of "bad timing", says environment watchdog CEO.

Pattrick Smellie 07 Nov 2025
War on Nature v Going for Growth
Opinion

Pattrick Smellie: War on Nature v Going for Growth

Some big environmental eggs were broken this week to 'go for growth'.

Pattrick Smellie 07 Nov 2025
‘Remarkable growth’: Fulton Hogan posts higher profit
Economy

‘Remarkable growth’: Fulton Hogan posts higher profit

Fulton Hogan paid a total dividend of $180.4m for 2025.

Duncan Bridgeman 05 Nov 2025