The Government has jumped the gun and confirmed the reallocation of $1bn in spending to motorways. The widely opposed change to transport funding over the next three years means that money will be taken from every other category and put on new and improved state highways. We’ll have a statement on this soon.
The Government has confirmed plans to increase spending on motorways by $1 billion over three years.
Transport Minister Steven Joyce said the confirmation came with the release of the Government Policy Statement on Land Transport Funding.
Mr Joyce had previously said the money would come from a mix of new money, increases in fuel taxes and reallocating spending within the National Land Transport Fund (NLTF).
Critics of the move targeted the $420 million reallocation as it took money from public transport and other initiatives…more