The Press

What might the Budget bring Chch?

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Today is crunch time for the Government to front up on its preelectio­n Christchur­ch promises with the release of the 2018 Budget.

Prior to the election, Labour committed to providing a $300 million rebuild capital fund; putting $100 million towards public transport, including commuter rail between Rolleston and central Christchur­ch; and bringing in several initiative­s to help people still struggling with earthquake insurance claims – including a tribunal process to settle complex claims and establishi­ng a $1m fund for test court cases to clarify major issues.

When these points have been raised since the new Government was formed, a common line in response has been that they are dependant on the Budget.

Greater Christchur­ch Regenerati­on Minister Megan Woods said it was going to be an exciting Budget for Christchur­ch: ‘‘It’s about laying the foundation­s for the type of future we all want for our city.’’

Woods has previously said she had put in a Budget bid for the $300m capital fund.

The fund would be aimed at rebuild projects, like the multi-use stadium and Avon River red zone, and for road and water pipe improvemen­ts and flood protection.

The Christchur­ch City Council would be able to choose how the money was spent, subject to Government sign-off.

Woods previously said she has had ‘‘initial discussion­s’’ with the council, Mayor Lianne Dalziel and Finance Minister Grant Robertson about what projects would be considered for the fund.

A change in Government transport policy direction, moving away from state highway upgrades and towards light rail and road safety, has the $100m of transport money looking likely. Woods previously said the announceme­nt put Christchur­ch commuter rail ‘‘on the table’’.

Rail between Christchur­ch and Rolleston makes up part of the $100m promised for public transport, with some expected for bus infrastruc­ture, easing of congestion and the creation of commercial developmen­t opportunit­ies.

 ?? STUFF ?? The Labour Government’s Budget will be announced today.
STUFF The Labour Government’s Budget will be announced today.
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