Ryan Rogers

So they will be saying this is what good looks like.

The commission will then be responsible for going and running the ruler over projects and providing advice back to ministers and essentially bringing a lot of these sort of points together so you can get a coordinated portfolio view of all of the assets under management by central government.

Well, that I think is where the plan recommending, or sorry, the response stating that there will be a review of the land transport funding system I think brought those two areas together.

You know, it's a long-standing issue here that our ambitions when it comes to transport investment are large.

Our funding is very narrow and getting narrower in many ways.

And the value that we're kind of seeing this is, I think, generally speaking, people aren't seeing it, right?

The amount we're paying in fuel excise duty today is in the order of 12 cents higher than what it was 30 years ago.

So we are paying more.

for projects that themselves are becoming much more expensive.

And I think there's a lot of question marks over how this is all happening.

And I think there's a decision here to look into this in more detail.

I think this is a great step forward.

It is a significant opportunity for New Zealand to get better outcomes for infrastructure.

And it's not every day that you've got the government and the opposition parties saying, yep, we can see a plan forward here.

It's less than probably everybody feared and less than maybe we planned or thought might come as a result of what's happened in the Middle East.

We know there's a pressure still on our suppliers, particularly for materials, things like trays and plastic and things like that that are affected by fuel costs.

And the issue is how slowly they flow through the market.

But even when we look at that, our look forward, we're somewhere in that 2% to 3% mark at the moment.

It's a major component of transporting food, but it also goes into the manufacture of a number of the items.

So trays, plastics, packaging, depending on what the item is and how it's put together, that has an effect that's probably still coming because it started so late in the chain.