Tsar of Canterbury Gerry Brownlee had his transport hat on today as he announced $12.3 billion of road road road spending over the next 3 years. It’s a 13% increase in the road budget as petrol hits record highs, and car usage declines.
We’ll be borrowing to pay for a lot of it, as the government pushes ahead with asset sales to reduce borrowing… or in other words those asset sales will be going straight on roads.
Key claims it’ll be schools and hospitals, but all the new spending seems to be roads and more roads.
So instead of getting billions in dividends from dams, we’ll be tarmacing our green and pleasant land so that Key & co can get to their holiday homes faster.