Articles tagged with National Land Transport Fund
NZ Government Introduces Monthly Fuel Price Adjustments to Support Transport and Construction Sectors
1 month ago | 400 viewsThe New Zealand Government, led by Transport Minister Chris Bishop, is supporting the transport and construction sectors by implementing monthly interim fuel price adjustments in public transport and infrastructure contracts to ease cashflow pressures caused by rapidly rising fuel costs. This change, which does not increase overall contract costs, aims to maintain reliable public transport services and keep infrastructure projects on track while being temporary and scalable based on fuel market volatility. The Government will continue monitoring fuel markets closely to ensure stability, with plans to revert to quarterly adjustments once prices stabilize.
Tags: Chris Bishop New Zealand NZTA public transport fuel prices transport sector infrastructure contractors National Land Transport Fund fuel price adjustment Middle East conflictTwo New Roundabouts on SH58 to Open Soon Enhancing Wellington Traffic Safety
1 month ago | 450 viewsTwo new roundabouts on the SH58 Wellington Road of Regional Significance project are set to open soon, with Flightys and Murphys Roads roundabout expected in mid-May and Moonshine Road in June, improving safety and access for the 20,000 daily users. The project, funded with over $100 million from the Government since 2019, aims to enhance traffic flow and safety, including ongoing corridor improvements through 2027. Past upgrades have already proven effective in preventing serious accidents, and construction has been managed to keep the highway open for drivers and local businesses.
Tags: NZTA SH58 Chris Bishop Flightys Road Murphys Road Moonshine Road Wellington Transport Minister Crown funding National Land Transport Fund