Govt signals road taxes could pay for rail - News Summed Up

Govt signals road taxes could pay for rail


The Government has flagged changes to allow road taxes to be spent on rail projects. Confirmation of the proposal came today after National’s transport spokeswoman Judith Collins accused Transport Minister Phil Twyford of saying different things to different people over diverting road taxes to rail. In a statement issued to the New Zealand Herald, Twyford said it was the Government’s policy to fund road, rail and public transport out of the National Land Transport Fund (NLTF). “It is not possible for the Government to take money from current roading projects in the Land Transport Fund. Twyford said the Government had not altered any existing roading projects except Auckland’s East-West link, and officials were working to identify a lower-cost, better-value option.


Source: Otago Daily Times January 16, 2018 06:11 UTC



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