Wellington Transport Package, 27 January 2005 Wellington Transport Package 27 January 2005 Hon Dr Michael Cullen Minister of Finance Hon Pete Hodgson Minister of Transport

Wellington Transport Package, 27 January 2005 Why more money for transport? This government believes in a sustainable transport system as a prerequisite for a healthy economy and society The days of underinvestment in the late 1990s are over Sound economic management means we can invest in the basics, be it transport, health or education

Wellington Transport Package, 27 January 2005 Correcting years of underinvestment 1999/ /2005Increase Roading$48.9 m$90.1m84% Passenger Transport $15.85 m$32 m103% Total$64.75$122.1 m88.5% NLTF funding for Wellington

Wellington Transport Package, 27 January 2005 Step one – Moving Forward package, February 2002, $1.56 billion over ten years Step two – The Investing for Growth package, December 2003, $2.84 billion over ten years including $220 million for Wellington Many projects to be brought forward Correcting years of underinvestment

Wellington Transport Package, 27 January 2005 This is step three - $225 million of new money for Wellington over ten years being announced today Step four will be a response to the final Western Corridor study later this year Correcting years of underinvestment

Wellington Transport Package, 27 January 2005 This government has already… Upped regional transport spending by 88.5 % Contributed $31.5 million to passenger rail upgrades Plimerton to Paremata upgrade $33 million Kaitoke realignment $14.2 million Inner City Bypass $39.9 million MacKays Crossing $21.7 million

Wellington Transport Package, 27 January 2005 Why Wellington? Serious underinvestment in the late 1990s, particularly in passenger transport National and international strategic importance: –main inter island freight and tourism link –international port Passenger transport and congestion

Wellington Transport Package, 27 January 2005 Transport in Wellington A model city Strong mode share for passenger transport High levels of support for passenger transport Physical constraints on more space for cars

Wellington Transport Package, 27 January 2005 The Wellington Transport Project Central government working in partnership with GWRC and local councils Cross party support from the Greens and United Future MoT, Treasury, MED, Transit and Land Transport New Zealand (Transfund) with Council officials

Wellington Transport Package, 27 January 2005 Agreed priorities Priorities set and agreed by government, GWRC and Mayors 1.Passenger transport – rail and buses 2.Reducing congestion and improving access Western Corridor a separate process

Wellington Transport Package, 27 January 2005 Priority 1 – Passenger transport Maintenance and growth of mode share agreed as the number one priority Upgrading of existing passenger rail and bus infrastructure and services Projects to be selected by GWRC through Regional Land Transport Committee, with LTNZ making final funding decisions Recognised value in easing pressure on the region’s strategic roads and Wellington CBD

Wellington Transport Package, 27 January 2005 $65 million of new money from the Crown over the next ten years GWRC contribution of an additional $95 million, on top of existing commitments To be added to $240 million for rail capex and $205 million in other passenger transport funding in the region from government funds by LTNZ over the next ten years Priority 1 – Passenger transport

Wellington Transport Package, 27 January 2005 Priority 2 – Congestion and access $160 million of new money from the Crown targeted at investment to reduce congestion and improve access Strategic roading improvements, transport demand management and improved passenger transport will contribute to these objectives

Wellington Transport Package, 27 January 2005 Priority 2 – Congestion and access Strategic roading Ease congestion at strategic points Bring forward strategic roading projects Improve access and safety Around $100 million on top of Transit’s and territorial authorities’ current ten year plans

Wellington Transport Package, 27 January 2005 Priority 2 – Congestion and access Around $30 million in new money for Transport Demand Management such as traffic management, traffic information systems, travel planning and walking and cycling Around $30 million in new money for enhanced passenger transport, such as increased bus services

Wellington Transport Package, 27 January 2005 Government Transport spending in Wellington LTNZ administered funds Rail project$240 Million Other passenger transport$205 Million Transit (State Highways) $441 Million Regional Funding$220 Million Wellington Transport Package$225 Million Ten year total for Wellington $1.33 Billion Plus spending on local roads