1 00:00:00,160 --> 00:00:03,360 Speaker 1: News that Wilson Parking and Fort Street Auckland is the 2 00:00:03,400 --> 00:00:06,160 Speaker 1: most expensive parking in New Zealand says a lot more 3 00:00:06,200 --> 00:00:09,080 Speaker 1: than just about the company that is absolutely creaming it. 4 00:00:09,080 --> 00:00:11,520 Speaker 1: And you know it. If you turn up first thing 5 00:00:11,560 --> 00:00:13,400 Speaker 1: at this Wilson car park and you use the on 6 00:00:13,520 --> 00:00:15,560 Speaker 1: site machine and you want to park for a day, 7 00:00:15,720 --> 00:00:18,840 Speaker 1: this will cost you, wait for it, seventy four dollars 8 00:00:19,400 --> 00:00:23,160 Speaker 1: a day. Now, who pays seventy four bucks for a 9 00:00:23,239 --> 00:00:26,079 Speaker 1: day's park? If you go there and you park casually, 10 00:00:26,079 --> 00:00:29,880 Speaker 1: it will cost you twenty two dollars an hour. Now, 11 00:00:29,920 --> 00:00:32,239 Speaker 1: hold on, what was the minimum wage? What did I say? 12 00:00:32,280 --> 00:00:34,960 Speaker 1: The minimum wage was, Oh, it's just under the minimum wage, 13 00:00:35,159 --> 00:00:38,240 Speaker 1: but anyway, it's pretty close. So obviously minimum wage people 14 00:00:38,520 --> 00:00:41,040 Speaker 1: aren't going to be parking at this Wilson's car park. 15 00:00:41,159 --> 00:00:43,040 Speaker 1: I'm picking that if you park in this park, you 16 00:00:43,080 --> 00:00:46,960 Speaker 1: are not working in hospital, you're earning enough to blow 17 00:00:47,000 --> 00:00:49,360 Speaker 1: money like this. You don't feel like you have an alternative, 18 00:00:49,360 --> 00:00:51,080 Speaker 1: and you love your car and you want to park 19 00:00:51,120 --> 00:00:54,000 Speaker 1: near work, so you pay seventy four bucks. Let's break 20 00:00:54,000 --> 00:00:56,920 Speaker 1: that down average wage and allan seventy two thousand a 21 00:00:57,000 --> 00:00:59,680 Speaker 1: year after tax. That's nine hundred dollars a week. The 22 00:00:59,760 --> 00:01:02,279 Speaker 1: media rent is seven hundred dollars a week. You need 23 00:01:02,320 --> 00:01:04,920 Speaker 1: one hundred dollars a week for power, phone, internet and 24 00:01:04,959 --> 00:01:07,039 Speaker 1: gas and oh, by the way, you need to eat. 25 00:01:07,800 --> 00:01:10,199 Speaker 1: So where's a spare money for that park? At seventy 26 00:01:10,200 --> 00:01:12,680 Speaker 1: four dollars for a day, the only people paying that 27 00:01:12,920 --> 00:01:15,839 Speaker 1: are paid way more than seventy two grand on having 28 00:01:15,840 --> 00:01:18,959 Speaker 1: no alternatives, well, we don't have any. Fifty percent of 29 00:01:18,959 --> 00:01:22,280 Speaker 1: the workers in Auckland CBDD take public transport into work. 30 00:01:22,480 --> 00:01:24,640 Speaker 1: That's because they don't get a park from their employer 31 00:01:24,840 --> 00:01:27,040 Speaker 1: and they don't earn enough to face the parking charges. 32 00:01:27,200 --> 00:01:29,640 Speaker 1: After all, seventy four dollars a day twenty two bucks 33 00:01:29,680 --> 00:01:32,720 Speaker 1: an hour. It's not their choice to take the public transport, 34 00:01:32,720 --> 00:01:36,600 Speaker 1: it's an economic necessity. That's why public transport is critical 35 00:01:36,920 --> 00:01:39,440 Speaker 1: to our productivity. Fifty percent of the workers in the 36 00:01:39,440 --> 00:01:42,440 Speaker 1: CBD need it. Remember that the next time you can 37 00:01:42,440 --> 00:01:45,039 Speaker 1: plain about a bus lane. And finally, we love our 38 00:01:45,080 --> 00:01:50,040 Speaker 1: cars because actually there are plenty of cars. Sorry, there 39 00:01:50,040 --> 00:01:52,640 Speaker 1: are plenty of parks. They don't cost seventy four bucks 40 00:01:52,680 --> 00:01:55,720 Speaker 1: an hour in the CBD, like the city owned downtown 41 00:01:55,800 --> 00:01:58,560 Speaker 1: car park, a car park which on most days is 42 00:01:58,600 --> 00:02:01,200 Speaker 1: half empty, which which is why the council has now 43 00:02:01,280 --> 00:02:04,200 Speaker 1: sold the car park to developers to become a skyscraper 44 00:02:04,240 --> 00:02:09,160 Speaker 1: because it's half empty. Part there you may have to walk, 45 00:02:09,280 --> 00:02:11,800 Speaker 1: so many don't and so they go and pay a 46 00:02:11,840 --> 00:02:17,359 Speaker 1: fortune on waste of productivity. Eh there's here's the thing. 47 00:02:17,680 --> 00:02:19,920 Speaker 1: The fact that so many orchands are prepared to pay 48 00:02:19,960 --> 00:02:22,880 Speaker 1: so much to park a car and the CBD makes 49 00:02:22,880 --> 00:02:26,960 Speaker 1: me believe that the idea of congestion charges reducing traffic 50 00:02:27,120 --> 00:02:30,760 Speaker 1: will fail because we're prepared to pay this rubbish. We're 51 00:02:30,800 --> 00:02:34,280 Speaker 1: just going to pay to stay stuck in the same 52 00:02:34,320 --> 00:02:38,359 Speaker 1: traffic queues. For more from Early edition with Ryan Bridge. 53 00:02:38,440 --> 00:02:42,040 Speaker 1: Listen live to News Talks it Be from five am weekdays, 54 00:02:42,160 --> 00:02:44,200 Speaker 1: or follow the podcast on iHeartRadio