Christopher Luxon
Prime Minister
Minister, Ministerial Services
Minister, National Security and Intelligence
Well, kia ora, good afternoon, everyone. Look, delivering modern, reliable infrastructure is one of the five pillars of our Going for Growth Plan and it is absolutely key to enabling future economic growth. It’s critical to our economic productivity, better public services, and also lifting incomes. We’ve already announced that $7 billion worth of infrastructure projects will get underway before Christmas. Those are new roads, classrooms and hospital buildings, and these projects will create thousands of jobs and enable both urban and regional growth. Now, alongside the big infrastructure jobs is the important task of getting those jobs done easier and quicker. We want building them to be faster by cutting red tape.
Fast-track is already proving its worth and already three projects have received fast-track approval. Prioritising a new wharf and berths at the ports of Auckland and housing developments at Maitahi Village in Nelson and also Milldale in Auckland are creating jobs, growth, and momentum in the construction sector. We are taking away the barriers and the red tape that have traditionally hamstrung New Zealand’s progress with new RMA legislation due in the House by the end of this year, and today we’re announcing the next stage in building our roads of national significance.
The Government, as you know, has announced 17 roads of national significance. These are the highways that will make a real difference in people’s lives. It is a huge investment in New Zealand’s future and we make no apology for doing so. This investment will make Kiwis’ lives easier, whether by moving people and goods more quickly and reducing travel times, or by making our roads safer and more resilient with less road closures, and by unlocking future growth and new housing. The bottom line is that we need to act now to future-proof this country’s infrastructure.
Yes, we are coming out of challenging financial times, but we are starting to see some positive signs in our economic recovery. Tourism numbers are up 34 percent since 2023 and our agriculture sector is also performing well. The recent 50 percent interest rate cut will also provide further support for households, with the cost of servicing a typical $500,000 mortgage now around $400 a fortnight less than it was in the middle of last year.
This country needs to be ready for the good times and we need to be building now to meet the demands of the future. We want to shape our recovery, not just observe it. Our roads of national significance, therefore, will allow the wheels of industry to get business done more efficiently, and we intend to do all that we can to expedite that. And with that, I’ll pass over to Chris to provide some further details.