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What are the maximum and minimum New Zealand Transport Agency normal funding assistance rates, and the overall National Land Transport Fund co-investment rate, being the average share of local land transport programmes met nationally from the Fund, broken down by the 2024-27 and 2027-30 National Land Transport Programme periods?

Answered Question 39734 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What are the maximum and minimum New Zealand Transport Agency normal funding assistance rates, and the overall National Land Transport Fund co-investment rate, being the average share of local land transport programmes met nationally from the Fund, broken down by the 2024-27 and 2027-30 National Land Transport Programme periods?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that the maximum normal Funding Assistance Rate (FAR) is set at 75% for approved organisations, with the following exceptions: 88% for the Chatham Islands Council, and 100% for Waitangi Trust Board. I am advised that the minimum normal FAR is set at 51%.