Budget 2024 – Transport Highlights

Last week the government delivered their first budget and while there’s been plenty of other discussion about the main aspects of it, I was particularly interested to look at what it meant for transport.

Before getting into too much detail, the chart below shows at a high level where transport funding is going.

The Budget itself is not normally a huge source of transport news, as most of our transport funding is dictated via other processes such as the Government Policy Statement on Land Transport (GPS) which influences how the National Land Transport Fund (transport taxes) is used.

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