New Zealand Research Report - February 2020

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The Big New Zealand Upgrade

In late 2019 the government announced a $12 billion injection for infrastructure. In late January 2020, $6.8 billion of transport projects were announced as part of the Big New Zealand Upgrade. We detail the projects and consider the influences. 

While there is still $4 billion of announcements to come, the latest announcement shows a significant emphasis on roading infrastructure, accounting for $5.6 billion, or just over 80% of the transport programme. Auckland will receive around $3.5 billion or 52% of the transport programme. Some of the projects are a continuation of existing or previously investigated projects. Of the 20 projects announced, 55% are expected to commence construction by the end of 2021. Many of the projects (60%) are forecast to complete in 2024 and 2025.

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New Zealand Research Report - February 2020

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Chris Dibble

National Director | Colliers Partnerships, Research & Communications

Auckland CBD

My Colliers Partnership priorities focus on support initiatives that drive collaboration, best practice learning, cost efficiencies and growth opportunities across the wider Colliers International New Zealand franchise network. I also oversee the collaboration and delivery of award-winning research reports and communications for Colliers. With over 13 years of experience and university qualifications in economics, geography, marketing and property. I have a multi-disciplinary approach that assists a broad range of clients and internal stakeholders. I am a regular presenter and market commentator, often discussing the latest insights on current and future property trends. I also work with in-house and external writers to curate an audience-focused content delivery strategy for Colliers.

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