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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]
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.
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.
The use of public transport in New Zealand is low. According to the 2013 New Zealand census, 4.2% of those who worked travelled to work by bus, 1.6% travelled by train, and more than 70% travelled to work in a vehicle they drove themselves. [9]
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.
Protesters delayed traffic in New Zealand's largest city Auckland on Thursday, a transport agency said, following calls by activist groups and opposition party Te Pati Maori to take to the streets ...
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]
The Minister of Finance delivers the Budget statement, a speech in the House of Representatives with no time limit. In the Budget statement, the Minister may review the international economic outlook and the performance of the New Zealand economy, and outlines the Government's proposed economic and fiscal measures to deal with the assessed situation of the country.