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THE PUBLIC FINANCE DEBATES: “It’s time…New Zealand extended charging for public infrastructure”

THE PUBLIC FINANCE DEBATES: “It’s time…New Zealand extended charging for public infrastructure” Commentator: Chris Money. Three Questions. What does “It’s time….” mean? What are we actually charging for? Is directly charging the best response? .

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THE PUBLIC FINANCE DEBATES: “It’s time…New Zealand extended charging for public infrastructure”

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  1. THE PUBLIC FINANCE DEBATES: “It’s time…New Zealand extended charging for public infrastructure” Commentator: Chris Money

  2. Three Questions • What does “It’s time….” mean? • What are we actually charging for? • Is directly charging the best response? The VUW-GEN Public Finance Debates November 12, 2013

  3. Now or Never or At Some Stage? • 4 major concerns with the current system: • Increasing reliance charging to achieve multiple policy objectives • Intergenerational funding inequities • Net revenue efficiencies now, but technology is moving fast • Do sustainable networks need demand management? The VUW-GEN Public Finance Debates November 12, 2013

  4. Now or Never or At Some Stage? Net Investors Palm Springs Portland Detroit The VUW-GEN Public Finance Debates November 12, 2013

  5. Direct charging for cities is already happening Proposed and implemented schemes Serious proposals not progressed and unlikely to come back soon Recidivists Edinburgh, Manchester West Midlands, Bristol Cambridge, Telford Stockholm Netherlands London Milan New York Singapore Auckland

  6. The pipeline of potential schemes Potential schemes Copenhagen Toronto France & Germany USA Guangzhou & Hong Kong Tel Aviv Sydney

  7. What are we charging for? The VUW-GEN Public Finance Debates November 12, 2013

  8. The arguments summarised The VUW-GEN Public Finance Debates November 12, 2013

  9. So is it time to charge? • Direct charging doesn’t wholly replace current funding and pricing systems • The shift in emphasis has to be demonstrably better than the alternatives The VUW-GEN Public Finance Debates November 12, 2013

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