1 00:00:00,040 --> 00:00:02,679 Speaker 1: Government set aside a combined total of one point two billion. 2 00:00:02,720 --> 00:00:05,440 Speaker 1: This is to get key projects moving in the roads 3 00:00:05,440 --> 00:00:08,680 Speaker 1: of National Significance. Program includes half a billion to buy 4 00:00:08,760 --> 00:00:11,879 Speaker 1: up houses. Tolls will be the default. James Smith is 5 00:00:11,880 --> 00:00:13,560 Speaker 1: with the National Road Carries with me this morning. 6 00:00:13,640 --> 00:00:16,239 Speaker 2: James, good morning, Good morning, Ryan. 7 00:00:16,400 --> 00:00:18,079 Speaker 1: Does the toll I mean, how do you feel about 8 00:00:18,079 --> 00:00:20,520 Speaker 1: the tolls? Does that cancel out the efficiency or the 9 00:00:20,560 --> 00:00:23,360 Speaker 1: benefit from the fast and newer roads or is there 10 00:00:23,400 --> 00:00:24,240 Speaker 1: a net gain? 11 00:00:25,760 --> 00:00:28,760 Speaker 2: There's normally a net gain, Ryan, So normally you get 12 00:00:29,400 --> 00:00:32,240 Speaker 2: the increased productivity cancels out the cost of the toll. 13 00:00:33,240 --> 00:00:35,800 Speaker 1: What do you expect with the roads that we have done, 14 00:00:35,920 --> 00:00:39,560 Speaker 1: Like I'm thinking North of Auckland, I'm thinking Kapity Expressway. 15 00:00:39,960 --> 00:00:45,479 Speaker 1: What have you seen? How significant has the midshift been? 16 00:00:45,720 --> 00:00:48,960 Speaker 2: It has been significant. So what we've seen is not 17 00:00:49,040 --> 00:00:54,520 Speaker 2: only slightly faster times, but it's more the consistency, so 18 00:00:54,920 --> 00:00:57,680 Speaker 2: the fact that the route is now a lot more dependable. 19 00:00:57,680 --> 00:01:01,120 Speaker 2: It's a lot more reliable. So what you need in 20 00:01:01,120 --> 00:01:04,320 Speaker 2: our sector is consistency. So you need to know that 21 00:01:04,360 --> 00:01:06,640 Speaker 2: if you leave it X, you're going to arrive at 22 00:01:06,840 --> 00:01:09,440 Speaker 2: Y and you're going to do that on a consistent basis. 23 00:01:09,800 --> 00:01:12,720 Speaker 2: So we're seeing that with all of these projects that 24 00:01:12,880 --> 00:01:17,040 Speaker 2: brought much needed resilience, safety, and productivity to the network. 25 00:01:17,120 --> 00:01:20,800 Speaker 1: Does that make stuff cheaper for us because you're carrying 26 00:01:20,800 --> 00:01:21,560 Speaker 1: our goods, aren't you? 27 00:01:22,720 --> 00:01:25,800 Speaker 2: Yeah, we are, and it slows down the rate of 28 00:01:26,800 --> 00:01:30,640 Speaker 2: rate of increase, so everything else is still going up. 29 00:01:31,160 --> 00:01:34,759 Speaker 2: So sorry, but yes, you still expect rates to rise, 30 00:01:35,160 --> 00:01:37,399 Speaker 2: but it helps soften that blow. 31 00:01:38,160 --> 00:01:42,480 Speaker 1: Do we need do you need some sort of reassurance infrastructure? 32 00:01:42,520 --> 00:01:44,040 Speaker 1: New Zealand came out as they saying we want to 33 00:01:44,080 --> 00:01:46,640 Speaker 1: see more bipartisan buy in on this kind of stuff, 34 00:01:46,760 --> 00:01:47,880 Speaker 1: especially if it's rons. 35 00:01:48,200 --> 00:01:53,000 Speaker 2: Do you agree, Oh, absolutely, and we've actually seen that already, 36 00:01:53,520 --> 00:01:59,520 Speaker 2: so Labor Transport spokesman and have actually already said that 37 00:01:59,560 --> 00:02:04,560 Speaker 2: if the pros are actually up and honking, if there's 38 00:02:04,560 --> 00:02:07,520 Speaker 2: a change of government, they will honor the projects. So 39 00:02:08,040 --> 00:02:11,000 Speaker 2: that's why it's absolutely mission critical. These projects, some of 40 00:02:11,040 --> 00:02:14,400 Speaker 2: them we'd be wanning for since the nineteen fifties for 41 00:02:14,440 --> 00:02:18,400 Speaker 2: them to say can actually get shovels on the ground 42 00:02:18,440 --> 00:02:18,960 Speaker 2: and get moving. 43 00:02:19,320 --> 00:02:21,920 Speaker 1: Appreciate your time this morning. James Smith's National Road Carriers 44 00:02:21,919 --> 00:02:25,280 Speaker 1: with us for more from early edition with Ryan Bridge 45 00:02:25,360 --> 00:02:28,800 Speaker 1: listen live to news talks it'd be from five am weekdays, 46 00:02:29,080 --> 00:02:31,120 Speaker 1: or follow the podcast on iHeartRadio