NZTD News

The Government’s responsible fiscal management has supported the Reserve Bank to keep the Official Cash Rate low, Finance Minister Nicola Willis says. 

The Reserve Bank of New Zealand today announced it would keep the Official Cash Rate (OCR) at 3.25 per cent while continuing to foreshadow further reductions in the OCR.

“There has been a 2.25 percentage point reduction in the Official Cash Rate since August last year – easing the cost of borrowing and delivering much needed cost of living relief for many New...

A stretch of State Highway 2 Hawke’s Bay Expressway will be closing overnight for 5 nights early next month.

The closures will allow road surface testing to be carried out as part of the Hawke’s Bay Expressway Road of National Significance (RoNS) project. 

The expressway, between the Taradale Road and Pākōwhai Road/Links Road roundabouts, will be closed each night between Sunday 3 August and Friday 8 August. The road will close each night at 8pm and reopen at 5am the following morning. The work will be finis...

There was some great news for the transport industry this week with the announcement that there will be an Industry Skills Board for the Automotive, Transport and Logistics sectors.

Vocational Education Minister Penny Simmonds said on Wednesday there will be eight ISBs which will be lead by industry experts and which will set training standards, do quality control and make sure that apprenticeships and traineeships match what employers and students need.

The  Automotive, Transport, and Logistics ISB is somet...

The Government’s focus on improving roads across the country is well on its way, with the successful completion of one of the largest state highway road renewal programmes in New Zealand history, Transport Minister Chris Bishop confirmed today.

“We are focused on ensuring government agencies are better at looking after the infrastructure assets we already have, to ensure New Zealanders get the most from their public infrastructure,” Mr Bishop says.

“That’s why we’ve invested in road maintenance and renewals throu...

This week I have had the pleasure of being out on the road in the lower North Island meeting with members. Catching up with operators in their yards, hearing how their business is going. Being out on the roading network is crucial when it comes to accurately representing the transport industry to government, the public and media.

This trip I’ve visited members in Taumarunui, Raetahi, Fielding, Ohakea, Whanganui, Eltham and New Plymouth. It’s always a fascinating experience, no two operations are alike, covering numerou...

New Zealand Transport Agency Waka Kotahi (NZTA) has released proposed changes to reshape transport in central Dunedin and achieve safe and efficient access to the city’s new hospital. 

Right now, people can have their say on the preferred option for State Highway 1 Cumberland Street and State Highway 88 St Andrew Street, both of which are key routes connecting people to the new Dunedin Hospital. The hospital’s main inpatient and outpatient public entrances will both open onto the intersection of these two streets....