Barney Irvine: Northern Infrastructure Forum Coordinator says we need to find new ways to finance infrastructure projects

Published: Feb. 8, 2024, 7:09 p.m.

It might be time to look at new methods to get transport projects across the line. \xa0

Auckland's Regional Fuel Tax will be scrapped at the end of June, a decision the city's mayor says will leave a $1.2 billion gap in transport funding, over the next four years.\xa0

Northern Infrastructure Forum Coordinator Barney Irvine told Mike Hosking that we have to find ways to fund and finance the projects we need.\xa0

He says the tools are out there to allow local and central government to borrow off the balance sheet, borrowing more and paying it back over a longer period of time.\xa0

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