'Material' Miscalculation - Economists Identify Apparent Errors in Labour's Transport Policy
Economists Sam Warburton and Brad Olsen say Labour’s estimate should be higher after adjusting for uptake, fare growth and lost fuel tax revenue.
4 Articles
4 Articles
Hipkins stands by public transport cap costing
Labour leader Chris Hipkins. His party has estimated a net cost of $65 million a year for its promise to cap fares at $20 a week in Auckland, Wellington and Christchurch and $10 everywhere else. Photos: RNZ Lillian Hanly of RNZ, RNZ Morning Report Chris Hipkins has rejected a suggestion the Labour Party has blown its first election-year policy announcement.
Labour's Fare Cap Election Policy
The Labour Party has finally delivered an election policy: it’s about transport and the cost of living, and we think it’s a good one – they propose capping the cost of public transport. Labour will make it cheaper for New Zealanders to catch the bus or train, by capping weekly fares at just $20 in Auckland, Wellington and Christchurch, and $10 a week everywhere else in New Zealand. “Our fare cap is a major cost-of-living commitment designed to p…
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