this post was submitted on 14 Jun 2024
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The infrastructure minister wants more private sector financing, such as public-private partnerships (PPPs), to pay for major projects.

In a speech to Local government New Zealand on Thursday night, Chris Bishop said he wanted government grant funding to become a last resort for councils.

"Infrastructure has to be paid for and at the moment, it's largely paid for by the Crown - which is taxpayers - or it's paid for by ratepayers. And what we're saying is that user-pays has a role to play here as well. Things like water metres, things like congestion pricing in our major cities and things like toll roads.

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