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Te Waihanga Acting Chief Executive Geoff Cooper spoke at Infrastructure New Zealand's annual Building Nations conference last week about how we can tackle our infrastructure challenges by better looking after what we’ve already got.     90% of our infrastructure has been built since 1950. Over half has been built in just the last three decades. That means a wall of renewals is now on our doorstep and is taking up a greater share of our spend. Renewals made up 43% of all local government infrastructure spending in 2013 and in 2026 it will be 52%. Kick the can – and it will only get more expensive. This is just one of the issues we’ll be looking at through our work on the National Infrastructure Plan. The Plan will provide a shared, long-term view of New Zealand’s infrastructure needs and priorities.    Find out more about the plan: https://lnkd.in/gvB86zvC #Infrastructure #LocalGovernment #BuildingNations

In this update Sara Seyedsalehi and I review the recent announcement and plans of Minister Chris Bishop as it relates to the provision of infrastructure. Infrastructure is the single biggest handbrake to a wide range of industries, communities and businesses, and is the root cause of poor economic efficiency in New Zealand. Funding and regulation are the sore points. As the Minister rightly says, each needs to form part of a complete overhaul of how we provide for infrastructure. #propertydevelopment #construction #infrastructure #localgovernment #publicworks #planning #RMA www.capstoneprojects.co.nz

Yesterday the New Zealand Infrastructure Commission, Te Waihanga released their report Paying it forward: Understanding our long-term infrastructure needs This is a very valuable report to help New Zealand consider what our future infrastructure needs may be, what we may be willing to invest in meeting those needs and how we go about doing that.    Our Chief Executive Nick Leggett was interviewed by Newstalk ZB's Ryan Bridge and discussed the need for a national vision for where we are going as a nation and how answering that question is critical to establishing our future infrastructure requirements. We must also get more efficient at building and managing our infrastructure if we are to reduce our infrastructure deficit and make the most out of the money we spend . You can listen to Nick's interview here: https://lnkd.in/g2NsEMxW Read our statement on the Commission's Report here: https://lnkd.in/gyBPig4U

In these times of much negativity, we should give credit where it is due. Late last year I submitted a proposal to the Infrastructure Commission for an additional train station in Upper Hutt. The strategic direction, process and support from the Infrastructure Commission cemented my view that they're the most outstanding performers of any government organisation. Here's why: 📚 Their reports and strategies are clear, evidenced-based, have actionable recommendations and are communicated without bs. 🏥 They're thinking deeply about the big-picture issues like if we spend very large amounts on roads will we have enough for hospitals for our ageing population? 🚄 Their processes and engagements are user-friendly and not arrogant. They've even invited individuals to provide submissions to the IPP -this part is critical if we're going to move past institutional inertia and being stuck in sunk-cost facilities with white elephant projects. They seem to have done this through hiring really really good people and through having bold and effective leaders like CEO Geoff Cooper. Credit is, of course, also due to Minister Christopher Bishop for commissioning of reports and setting out ministerial expectations for them. Keep it up New Zealand Infrastructure Commission, Te Waihanga!

Engineering New Zealand Chief Executive Dr Richard Templer says the delay on #infrastructureprojects coming to market is impacting Kiwis. He says the Government must “urgently firm up the infrastructure pipeline and free up funds for delivery.” “We know funds are ringfenced for projects – like schools, hospitals, roads, energy and water – but we need them to come to market so New Zealanders get the services they need,” he says. Templer says the impact of the “stop works” on infrastructure projects really began to hit home in March when money earmarked for projects wasn’t released by the Government, with housing and transport projects most affected. High interest rates have also cut into client budgets, resulting in projects not being commissioned or scaled back. Read more: https://lnkd.in/gpAubTX2 #newzealand #nz #nzinfrastructure #nzjobs #nzengineering #consultanz #consultanznews

Infrastructure is in focus amid a raft of announcements from Government, an increase in funding and growing public appreciation of the true cost of not replacing and better managing assets like aging pipes. But addressing New Zealand’s infrastructure gap is a challenge that goes beyond public spending or even private finance. The sector must look for a range of solutions, including good asset management to maximise our existing assets, and consider all strategies and tools to ensure more effective and efficient delivery of new assets. In 𝘛𝘩𝘦 𝘉𝘪𝘨 𝘗𝘪𝘤𝘵𝘶𝘳𝘦: 𝘐𝘯𝘧𝘳𝘢𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦: 𝘋𝘦𝘧𝘺𝘪𝘯𝘨 𝘵𝘩𝘦 𝘥𝘦𝘧𝘪𝘤𝘪𝘵 𝘸𝘪𝘵𝘩 𝘣𝘦𝘵𝘵𝘦𝘳 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘺, we take a closer look at the key legislative developments currently underway, examine what the framework for delivery looks like now, and explore where some of those solutions may be found. Read more here or on www.bellgully.com  Angela Harford, Partner Ian Becke, Partner David Chisnall, Partner Natasha Garvan, Partner Sarah Anderson-Butler, Partner  #Infrastructure | #NewZealand | #BellGully 

With infrastructure a key focus in the Government’s Q3 Action Plan and NZ$68 billion of infrastructure spending forecast in the latest budget, our team at Bell Gully offer views on how we can “defy the deficit with better delivery”

"It's an exciting time to be part of this industry in South Australia... we've got an industry that is willing, ready and able to operate with the South Australian Government."    That was the resounding message out of South Australia's construction sector industry briefing late last week, opened by the Hon Tom Koutsantonis MP and Jon Whelan from the Department for Infrastructure and Transport, and indicating an exciting time for all Roads Australia members involved in the state's pipeline.    SA's ambitious infrastructure agenda will see $25.4 billion allocated for projects across the state, with other key priorities, particularly operational considerations highlighted for attendees by the Department’s senior leadership – Andrew Excell, Simon Morony and Amanda Collins:   🔹 Increased Investment: The Government's commitment to infrastructure development presents exciting opportunities for Industry. 🔹 Focus on Sustainability: Decarbonisation and disaster resilience are key priorities, alongside initiatives to transition public transport to cleaner technologies. 🔹 Alliance Models: The state will look to partner with Industry on developing best-practice Alliance models, given their potential benefits to contractors and taxpayers alike.  🔹 Planning and Maintenance: Both pillars will be critical to the state’s plans in the short, medium, and long term in improving mobility across South Australia. If you missed the briefing, it is still available online: https://lnkd.in/gwfNwpqx   #SAInfrastructure #Construction #Transport #InfrastructureJobs #Sustainability

Ireland’s Infrastructure Gap: Reading between the lines of the IFAC Report Roundtower Capital weekly client briefing - Ian Lawlor "The Irish Fiscal Advisory Council’s latest report has confirmed a substantial infrastructure deficit, finding that Ireland’s infrastructure currently lags 25% behind that of high-income European economies. This gap, while considerable, actually represents meaningful progress from the 50% deficit observed three decades ago. The scale of the infrastructure challenge is keenly felt by those trying to deliver housing and IFAC estimates that annual construction needs to reach 68,500 homes to address current shortfalls and accommodate population growth. This target, more than double last year’s output..." Read more: https://lnkd.in/eVf8tmsv

For a fourth consecutive year, Victoria has retained first place in the 2024-25 Budget Monitor rankings for Australian infrastructure funding levels by share of budget expenditure. While the State's infrastructure funding decreased for a second year in a row, reflecting restrained fiscal settings, moderate new infrastructure investment alongside a strong existing road and rail infrastructure pipeline saw Victoria outrank all other states and territories - again.   See the full rankings by jurisdiction 👇 Access the Australian Infrastructure Budget Monitor 2024-25 here: https://lnkd.in/gmkjDveQ