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notices and features - Date published:
5:30 pm, December 14th, 2023 - 21 comments
Categories: Daily review -
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It makes one wonder about the governments plans as per money for Kiwi Rail, it looks like a plan to offload Kiwi Rail once they no longer need NZ First.
Infratil are the large scale investor in infrastructure and might partner Mainfreight.
https://www.nzherald.co.nz/business/fearful-cook-strait-freight-transport-sector-asks-what-next-for-15-billion-a-year-cargo-route/3CHESRZDYBA57JUDVX6NDSERHQ/
National all talk about infrastructure investment.
https://www.newshub.co.nz/home/politics/2023/12/lloyd-burr-opinion-christopher-luxon-s-ferry-snub-shows-he-s-all-talk-on-infrastructure.html
KiwiRail
Unions
https://www.newshub.co.nz/home/politics/2023/12/kiwirail-considering-options-to-build-and-sell-new-ferries-ceo-says.html
Did anyone make it to the Union meeting in Epsom today?
Remember if they are a act member of parliament they will pick up their own rubbish, clean their own office, and keep the place spotless all by themselves. Because they won't pay anyone a living wage to do it for them.
On the other hand Willis just saved $2b for roading. NZTA are broke and could do with it
On the other hand Willis just removed 2 billion (if indeed that is the sum) from the economy….and maybe it will go to NZTA…and maybe it wont.
Jeez I it goes to tax cuts so I'm counting on the $3.50 a week tax cut for me
/sarc
The tax cuts are a fait accompli.
Where the 'savings' from the ferry infrastructure goes is undetermined, if it goes anywhere…..perhaps debt reduction….or equally likely welfare support.
AFAIK, Willis turned down a request for extra additional funding. How’s that a saving?
$400 million expended to date (apparently), 3 odd billion forecast to complete (uncertain) plus loss on breach of contract or asset sale, and the expected expenditure not made in the near term is reduced by a couple of billion, much of which would have been expended in the onshore economy.
And at the end of it all, the ferries still need to replaced….unless we dont.
How much of this money was allocated for this in Budget 2023 and how much of it will now be saved and possibly repurposed?
More than I could say, though I believe not the entire sum being quoted.
And I may add that not all of it was Gov expenditure.
Willis is (now) in charge of government spending and that’s what I’ve been asking about. I will search for it in the Budget documents.
Dont expect to find the latest request for 1.4 billion…so possibly a total of 2 billion less the local body investment.
Because almost all the billions was multi-year budget allocation ( to match the spending profile ) refusing the top up means the whole allocation remaining is unspent.
Only a small amount has been spent so far , say $50 mill for design, development and some smaller terminal works.
Multi-year spending is always like this to cover many fiscal years
I know you’re trying to be helpful but when you talk vaguely about “billions” you sound like a member of the Nat Party. Those mythical ‘billions’ are in Treasury documents and the Government Budget or they don’t (yet) exist.
The New Ferries are much bigger able to cope with increasing traffic main exports and machinery farm and industrial supplies going south.Tourist's more and more wanting to see NZ. The clapped out old infrastructure developing world laughable for NZ a huge amount of goods cross the cook strait .leaving unreliable dangerous old ships . National are being really dumb here farming will suffer as so much farming input and output relies on the cook strait ferries and is expanding rapidly.the terminals are in terminal decline.Just like the Trump claim about a big spend on infrastructure he did nothing the right can't do infrastructure its not in their cost cutting tax cut bribing lack of foresight .What ever the cost is we need to have a future proofed solution.kicking the can down the road is not a plan.Throwing away $300 million invested already is even Dumber.
This is less than ideal.
Extremism begets extremism.
82% of those on the West bank and 57% in Gaza support the October 7 attacks.
https://twitter.com/EFischberger/status/1734953024630526327/photo/1
Only 10% believe that Hamas committed war crimes.
https://twitter.com/EFischberger/status/1734954908892184921
The full poll.
https://pcpsr.org/en/node/961
Maybe it's a case of getting the shit bombed out of you causes you to support those fighting the people bombing the shit out of you.
Even monsters like Churchill and Stalin were supported overwhelmingly by their people in times of war.