Transporting New Zealand says the road freight sector will be looking for continued commitment to infrastructure investment and transport resilience in Thursday’s Budget.
Transporting New Zealand Head of Policy & Advocacy Billy Clemens says freight operators are seeking certainty that key transport projects and maintenance will continue despite current economic pressures.
“There have been encouraging signals from the Government about maintaining investment in modern, resilient infrastructure projects,” says Clemens.
“The Prime Minister has already indicated that capital spending in this Budget will increase from the originally planned $3.5 billion to $5.7 billion. The freight sector will want to see continued momentum behind the national infrastructure pipeline, to support jobs and economic growth.”
Clemens also expects that the Budget will provide some clarity around how shortfalls in transport funding will be managed, following falls in fuel excise and road user charge revenue linked to lower traffic volumes.
“The road freight sector will be looking for detail around how critical transport investment will be funded and delivered over the coming years.”
