1 00:00:00,080 --> 00:00:02,240 Speaker 1: Budget day and what to expect given we've got no money, 2 00:00:02,240 --> 00:00:04,680 Speaker 1: but the expectation among some remains as high as ever. 3 00:00:04,720 --> 00:00:07,240 Speaker 1: So what are the priorities? Is it saving or borrowing all? 4 00:00:07,280 --> 00:00:09,440 Speaker 1: Both Michelle and the Comick is the policy director at 5 00:00:09,440 --> 00:00:11,920 Speaker 1: Infrastructure New Zealand and as with us Michelle, good morning, 6 00:00:12,480 --> 00:00:15,280 Speaker 1: good morning. Make the broad direction of travel, the roads, 7 00:00:15,280 --> 00:00:17,160 Speaker 1: the rail what we've heard so far, do you get 8 00:00:17,160 --> 00:00:18,880 Speaker 1: a sense the government's on top of it or not? 9 00:00:20,160 --> 00:00:22,000 Speaker 2: I think they're trying to make some progress within the 10 00:00:22,040 --> 00:00:25,079 Speaker 2: constraints and it's good to see that there's continuation and 11 00:00:25,120 --> 00:00:28,680 Speaker 2: building on the fundamentals too. We've got eight one hundred 12 00:00:28,680 --> 00:00:31,600 Speaker 2: projects sitting in our pipeline, so there's no shortage of ideas, 13 00:00:32,159 --> 00:00:35,400 Speaker 2: but only about half of that two one hundred and 14 00:00:35,400 --> 00:00:38,680 Speaker 2: seven billion dollars worth of work is actually funded. So yeah, 15 00:00:38,680 --> 00:00:40,360 Speaker 2: there's a lot of opportunity to move forward that some 16 00:00:40,440 --> 00:00:42,320 Speaker 2: of it's the system settings too that we want to 17 00:00:42,360 --> 00:00:43,880 Speaker 2: see progress continue to be made. 18 00:00:44,120 --> 00:00:46,680 Speaker 1: Do you want to hear something about these PPPs or 19 00:00:46,680 --> 00:00:49,479 Speaker 1: the overseas investment or the money coming from somewhere today? 20 00:00:50,159 --> 00:00:53,720 Speaker 2: Yeah, definitely, we're king that the government infrastructure is set 21 00:00:53,840 --> 00:00:58,520 Speaker 2: up to continue to leverage their private funding and that 22 00:00:58,640 --> 00:01:02,240 Speaker 2: the government departments well resourced so they can make the 23 00:01:02,320 --> 00:01:05,399 Speaker 2: policy work on the arimas, on the funding and financing 24 00:01:05,440 --> 00:01:08,440 Speaker 2: ethics that they are set up to be the welcome 25 00:01:08,480 --> 00:01:12,040 Speaker 2: mats for New Zealand for international investments. 26 00:01:11,680 --> 00:01:14,880 Speaker 1: Around the rules, around the rules and structures. Are they 27 00:01:14,959 --> 00:01:16,080 Speaker 1: moving fast enough. 28 00:01:17,040 --> 00:01:18,959 Speaker 2: There's a lot of work there are we are seeing progress. 29 00:01:19,000 --> 00:01:21,959 Speaker 2: It was great to see public works at changes introduced 30 00:01:22,560 --> 00:01:25,080 Speaker 2: which will be a game changer for those fast trek projects. 31 00:01:25,440 --> 00:01:27,280 Speaker 1: Good stuff, Michelle, good to talk to you appreciate it. 32 00:01:27,319 --> 00:01:30,399 Speaker 1: Michelle mcormick, who's with the Infrastructure New Zealand people. For 33 00:01:30,520 --> 00:01:33,880 Speaker 1: more from the mic Asking Breakfast, listen live to news talks. 34 00:01:33,920 --> 00:01:37,120 Speaker 1: It'd be from six am weekdays, or follow the podcast 35 00:01:37,160 --> 00:01:38,040 Speaker 1: on iHeartRadio