Tim Murphy takes a deeper look at why nine Auckland councillors have written a letter of complaint about Mayor Phil Goff and why a vote of no confidence is not imminent.
Auckland Council will open a $200 million green bond offer next week, which it says will be used to buy more electric trains and equipment and refinance existing debt from electric trains.
Auckland Councillors have approved an 11.5 cent a litre regional fuel tax to fund transport projects - but with impassioned criticism from some councillors who say the poorest citizens will be disproportionately affected.
Peter Dunne writes in his inaugural column for Newsroom about how the NZ Super Fund's bid to build Auckland light rail lines has finally realised Norman Kirk's vision of pension fund capital building local infrastructure. Now today’s Labour Party should embrace it too, he argues.
The government wants a better understanding of how local bodies are funding their increasing cost base and infrastructure needs without simply relying on higher rates, and has asked the Productivity Commission to investigate.
The Super Fund's bid to build and own Auckland's light rail lines is a political gift for Labour, but disguises a potentially expensive money-go-round between state-owned entities.
The Government could roll out public private partnerships to fund infrastructure projects across Auckland and Wellington, Transport Minister Phil Twyford and Finance Minister Grant Robertson said today after the surprise launch of a plan for light rail lines in Auckland that could be funded by a New Zealand Superannuation Fund-led consortium.
The New Zealand Superannuation Fund and Canadian fund manager CDPQ Infra have made an unsolicited bid to build and operate two lines in the proposed Auckland light rail, which are already getting $1.8 billion of seed investment.
Transport Minister Phil Twyford and Finance Minister Grant Robertson have announced the Cabinet has agreed to launch a procurement process to build two light rail lines from the Auckland CBD to the airport and North West Auckland.
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