UPDATE: Key tipped to announce $1.25B spend on Auckland rail two years early as part of funding package

Thu, 07 Jan 2016

(Updates to add Auckland Council employment figures and projections) By Fiona Rotherham Jan. 7 (BusinessDesk) - Prime Minister John Key is expected to commit to funding half of Auckland’s $2.5 billion City Rail Link two years early as part of a wider update on the government’s position on Auckland’s infrastructure needs this month. It’s understood Key will commit to the government’s $1.25 billion co-funding of the CRL project in a speech to the Auckland Chamber of Commerce on Jan. 27. In 2013, the government agreed to jointly fund t...

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