Treasury raised concerns about rescoping $1b fund meant to accelerate roads of national significance

Treasury raised concerns about rescoping $1b fund meant to accelerate roads of national significance
The Hawke's Bay expressway road of national significance involves adding lanes to the existing highway. (Image: NZME)
Oliver Lewis
Treasury flagged a range of concerns about changing the scope of a $1 billion fund set up to accelerate transport projects, including the prospect of further cost pressures for a flagship road-building programme.In Budget 2024, the Government established the contingency to accelerate the roads of national significance (Rons) programme and major public transport projects, specifically the northwest rapid transit project in Auckland.As BusinessDesk revealed last year, Treasury opposed the initiative, saying it only had an hour to review informati...

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Oliver Lewis 17 Sep 2025