Twyford backs transport officials in extracting value for money in policy statement

Thu, 28 Jun 2018

By Paul McBeth June 28 (BusinessDesk) - Transport Minister Phil Twyford backed his officials' ability to get the best bang for the taxpayer's buck when weighing up investments, ignoring the Treasury's advice as being too narrow in identifying wider benefits. The government today released its policy statement on land transport funding, which will see petrol excise rise by 3.5 cents a litre a year for the next three years to help pay for an annual $4 billion spend over the next decade. The draft plan published in April remains largely intac...

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