Treasury questioned urgency, raised 'significant concerns' about $1b transport fund changes

Treasury questioned urgency, raised 'significant concerns' about $1b transport fund changes
Part of the $1b fund is now being put towards removing level rail crossings in Auckland. (Image: NZME)
Oliver Lewis
The Treasury raised significant concerns about a proposal from the transport minister to repurpose a $1 billion transport fund, warning it could lock the Government into substantial future fiscal risks.In Budget 2024, the Government established the $1b 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 reported last year, Treasury opposed the initiative, noting it only had an hour to review information pro...

More Infrastructure

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025
Food scrap U-turn chills waste sector investment
Infrastructure

Food scrap U-turn chills waste sector investment

The Government’s backtrack on the food waste mandate undermines investor confidence.

Cécile Meier 30 Jun 2025