National Says $7.4b Wellinton Transport Plan on 'Life Support'
December 27, 2022
PHOTO: LGWM
National claims Wellington’s $7.4 billion transport plan is on life support after Treasury documents warned there might not be enough money in the pot to fully pay for it.
But the Transport Minister says he has been upfront about the plan also needing money from the Government outside of the National Land Transport Fund (NLTF).
Treasury’s Half-Year Economic and Fiscal Update, which was released earlier this month, said it was initially expected Let’s Get Wellington Moving (LGWM) could be paid for from the fund.
But costs have since increased, the document said.