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The law change has been accused of having turned the New Zealand business into a 'sunset industry' which will eventually die out. [52] In the financial year 2003 / 2004 coastal cargo in New Zealand totalled around 8.6 million tonnes, of which 85% was still carried by local, and 15% by overseas shipping. [53]
Intercity rail in New Zealand is entirely composed of lines dedicated to tourists, and a single commuter only line between Auckland and Hamilton. [1] [2] New Zealand has one of the lowest rates of public transport use in the world, even lower than the United States in 2001, and 90% of urban trips were by private cars as of 2018.
Budget 2024 is the New Zealand budget for fiscal year 2024/25 presented to the House of Representatives by Minister of Finance, Nicola Willis, on 30 May 2024 as the first budget presented by the Sixth National Government, [1] [2] ignoring the mini-budget they presented in December 2023.
Electrifying New Zealand's transportation fleet is a critical step towards achieving a zero-carbon future. The Emissions Reduction Plan commits New Zealand to increasing zero-emission vehicles to 30% of the light vehicle fleet and reducing freight transport emissions by 35% by 2035, through these projected outcomes. [37]
Budget 2023, titled "Support for today, Building for tomorrow", is the New Zealand budget for fiscal year 2023/24 presented to the House of Representatives by Finance Minister, Grant Robertson, on 18 May 2023 as the fifth budget presented by the Sixth Labour Government.
The farebox recovery ratio is the ratio of fare revenue to total transport expenses for a given system. [1] These two figures can be found in the financial statements of the operators.
Public transport in the Wellington Region, branded under the name Metlink, is the public transport system serving Wellington and its surrounding region.It is the most used public transport system in New Zealand per capita, [a] and consists of electric and diesel buses, suburban trains, ferries and a funicular [b] (the Wellington Cable Car).
Transport in Auckland, New Zealand's largest city, is defined by factors that include the shape of the Auckland isthmus (with its harbours [1] creating chokepoints and long distances for land transport), the suburban character of much of the urban area, a history (since World War II) of focusing investment on roading projects rather than public transport, [2] and high car-ownership rates.