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The funding allocated in this year’s budget, while significant, is insufficient in and of itself to address the infrastructure deficit which is estimated to be in excess of $200bn. New Zealand must address this to meaningfully improve living standards. ....
Wednesday, 12 May 2021, 4:01 pm To grow the economy and improve social outcomes, New Zealand needs sustained and ongoing investment in and improvements to its infrastructure. Last year’s budget did not allocate sufficient funding to address the infrastructure deficit which is estimated to be $75bn. New Zealand must address this to meaningfully improve living standards. While central and regional authority funding will always be vitally important to improving infrastructure, appropriate private sector finance has a key role to play in advancing these objectives and addressing New Zealand’s infrastructure requirements. What are the benefits of private sector financing? Appropriate private sector financing (used prudently) can accelerate the ....