Government upping transportation investment, but Aucklanders deal with fuel tax double-whammy

Federal government upping transport financial investment, however Aucklanders deal with fuel tax double-whammy

NICK TRUEBRIDGE Last upgraded 14:30, June 28 2018 ROSS GIBLIN/STUFF Transportation Minister Phil Twyford states the Government Policy Declaration on Land Transportation will increase investment from $3.6 billion this fiscal year to a record $4b in 2018-19 The Government states its brand-new 10-year transport strategy will assist resolve

Auckland’s gridlock issue, with the assistance of 3.5 cent gas import tax increases over the next 3 years.Transport Minister Phil Twyford on Thursday announced Cabinet had authorized the new strategy, which he says includes”record financial investment in the roadways, rail and public transport for our growing regions and cities, and save lives on our roads”. The Federal Government Policy Statement on Land Transportation will increase financial investment from$3.6 billion this financial year to a record$4b in 2018-19. This would to rise to$4.7 b a year by 2027/28.”To money the infrastructure for our cities and regions to prosper, and save lives, there will require to be increases in excises and charges, “Twyford stated There will be three increases in petrol import tax responsibility of 3.5 cents a litre from 30 September, and equivalent increases in road user charges from October 1, and more 3.5 cent increases in 2019 and 2020.” This will cost

the typical family 83 cents a week this year, increasing to$2.50 a week by 2020.” The excise boost, Twyford stated, would fund$5b of financial investment over the next 10 years.Twyford’s statement appeared to be good news for commuters

dealing with Auckland gridlock to and from work. “Auckland alone loses $1.3 b a year in

productivity to congestion, “he said.”We will take on gridlock in Auckland by providing commuters

options through major roadway projects and upgrades such a Mill Road and Penlink. “Throughout New Zealand more commuters will have the ability to leave the vehicle in the house because of financial investment in public transportation, walking, and cycling.”This investment will let loose the capacity of our cities.”It will finish the expressway tasks begun under the previous federal government and enable for future state highway upgrades, with up to$9.5 billion for state highway enhancements.”The Federal government would also make $6.2 available for regional roads and upgrades and

upkeep.”The New Zealand Transport Agency will increase their share of costs for certain high and very high priority locally-led tasks, indicating councils can get more transport financial investment without asking more of ratepayers,”Twyford said. -Stuff

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