{"id":1163,"date":"2022-07-05T19:26:13","date_gmt":"2022-07-05T09:26:13","guid":{"rendered":"http:\/\/www.vibewire.com.au\/?guid=22df554cebb9976024d49b6e67e456b7"},"modified":"2022-07-05T19:26:13","modified_gmt":"2022-07-05T09:26:13","slug":"investment-gap-or-efficiency-gap-benchmarking-new-zealands-investment-in-infrastructure","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=1163","title":{"rendered":"Investment gap or efficiency gap? Benchmarking New Zealand\u2019s investment in infrastructure"},"content":{"rendered":"<p>The Infrastructure Commission explains that New Zealand doesn&#8217;t get good value out of its infrastructure. <\/p>\n<p>This is a long (24 page) but interesting read. Key takeaways are:<\/p>\n<p>* We spend more on infrastructure than we might assume \u2013 our rates of investment are in line with other high-income countries, or even a bit above-average<br \/>\n* The quality of our infrastructure does not match the quantity of our spending, suggesting that we are comparatively inefficient in delivering infrastructure relative to other high income countries<br \/>\n* There is a case to lift investment in infrastructure \u2013 but only if we can deliver cost effectively and achieve good value for money from our spending. This raises an important question: How can we do better? To address that question, we need to drill into the detail about how our investments are performing, in terms of cost-effectiveness and value for money, and what we would need to do differently to achieve better outcomes.<br \/>\n* New Zealand to ensure that we are choosing investments that deliver economic, social, and environmental benefits at an acceptable cost, and independent advice on infrastructure project prioritisation.<\/p>\n<p>For further reading &#8211; \\<br \/>\n \\<br \/>\n[https:\/\/www.nzaeconference.co.nz\/_files\/ugd\/623971_7f7ca034395d4369a8a0d07a4b59a74a.pdf](https:\/\/www.nzaeconference.co.nz\/_files\/ugd\/623971_7f7ca034395d4369a8a0d07a4b59a74a.pdf)<\/p>\n<p><https:\/\/www.tewaihanga.govt.nz\/strategy\/infrastructure-reports\/te-waihanga-research-insights-december-2021\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Infrastructure Commission explains that New Zealand doesn&amp;#39;t get good value out of its infrastructure.  This is a long (24 page) but interesting read. Ke<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-1163","post","type-post","status-publish","format-standard","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/1163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1163"}],"version-history":[{"count":1,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/1163\/revisions"}],"predecessor-version":[{"id":1164,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/1163\/revisions\/1164"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}