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29 August 2024

The Government has announced a Revenue Action Plan to enable a clear infrastructure pipeline that delivers critical transport infrastructure.

The Revenue Action Plan will:

  • Make better use of existing funding tools for the National Land Transport Fund (NLTF)
  • Reform tolling legislation to support bringing forward infrastructure investment
  • Unlock new funding tools, including value capture
  • Transition all light vehicles to road user charges by as early as 2027

The action plan is underpinned by two key principles:

  • That the funding of the land transport system covers increasing system costs, ensuring those who use the transport system contribute fairly to its maintenance and development
  • That the revenue system is delivered efficiently, and increasingly leverages private sector innovation and expertise to help road users track and pay for use of the network and new transport projects that directly benefit them.

Read the Transport Minister’s media statement here.(external link)