Government delays transport planning document while reviewing funding options
The Government will review land transport funding reforms including network price regulation before releasing its transport policy statement.
Transport Minister Chris Bishop says Cabinet will consider various options to reform land transport funding, including network price regulation similar to that used for utilities like electricity. A review of these funding options and a separate Infrastructure Commission investigation into rising construction costs will delay the Government's publication of a draft transport policy statement. This delay affects councils that are planning their spending for coming years.
Covered byBusinessDeskNot covered byRNZStuffNZ Herald1NewsNewstalk ZBOtago Daily TimesNewsroomThe Spinoffinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
BusinessDesk
Government transport planning delayed for funding reform options review
Transport Minister Chris Bishop says Cabinet will consider a range of options to reform land transport funding, including network price regulation used for other utilities like electricity. But the review of funding options – and an Infrastructure Commission investigation into…