The Govt has bought back Toll Holdings’ rail and ferry business for $665m. The deal sees the Govt become the owner of 189 locomotives, 4200 freight wagons, assorted other rolling stock one ferry and leases on two others. However, exactly how the operations, which employ 2300 people may be run in the future and the […]

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The most anticipated Govt buy back since Air NZ has now become reality with Dr Michael Cullen due to sign a cheque on June 30 buying NZ’s rail and ferry services for $665m. Despite the Govt giving the appearance it was playing hard ball, the final sale price and Toll’s admission of what it thought […]

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The continuing surge in crude oil prices and environmental pressures are indicators of the race against time Auckland transport administrators are dealing with in seeking to improve the region’s public transport system. Mark Ford, Chairman of the Auckland Regional Transport Authority (ARTA) says submissions to the Royal Commission of Inquiry into Auckland’s Governance highlight pleas […]

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Regional Councils may put off imposing new regional fuels taxes to help pay for new roading and public transport projects. This is because of growing fears of a backlash against taxes being imposed at a time of record high petrol prices. The Govt will introduce legislation on July 1 so Regional Councils can implement the […]

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It was only a matter of time before rising oil prices started to become a political hot potato and as high fuel prices start to bite a range of politicians and special interest groups are calling for Central and Regional Govt to hold off on introducing regional fuel taxes. Unfortunately the reality is they can […]

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