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What estimate, if any, has NZTA or Treasury made of the rate of increase in the market value of properties subject to long-term unfunded designations, and how is that factored into any assessment of future Crown acquisition costs?

Answered Question 37313 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What estimate, if any, has NZTA or Treasury made of the rate of increase in the market value of properties subject to long-term unfunded designations, and how is that factored into any assessment of future Crown acquisition costs?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

NZ Transport Agency's property acquisition estimates are set out in its Cost Estimation Manual. This is available on the NZTA website at https://www.nzta.govt.nz/assets/resources/cost-estimation-manual/docs/cost-estimation-manual-sm014.pdf