The Coalition Government is proposing hiking car registration fees by $50 to help fund a draft transport plan worth $20 billion over the next three years. This would raise an extra $660 million to contribute to the transport plan. National opposed this, saying it was able to deliver its transport plan without the “heavy burden” of petrol tax hikes in its first term. Prime Minister Christopher Luxon said the economy will be in better shape by 2027 and therefore households would be able to afford the 12 cent tax hike. The draft transport plan proposes spending $6 billion upgrading state highways, $2.1b building public transportation, $1.2b improving local roads, and $510 million on walking and cycling.

Source: Stuff March 04, 2024 08:57 UTC