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How we make investment decisions

Updated: 12 January 2012

The NZTA’s planning and investment processes, policies and systems aim to achieve integrated planning and provide the best investment return for the transport system users. The relationship between our investment and the transport outcomes it realises is a key consideration in planning and investing for outcomes.

These outcomes are identified as impacts in our Statement of Intent (SOI). The SOI impacts are derived from the Government Policy Statement on Land Transport Funding (GPS) impacts. The NZTA works in partnership with approved organisations (regional councils, territorial authorities, approved public organisations) to develop investment opportunities to achieve the outcomes. It is recognised that this investment will be funded from a mix of sources, including the National Land Transport Fund, local share and alternative/supplementary funding sources.

The National Land Transport Fund (NLTF) is the government's main contribution to funding the land transport activities approved in the National Land Transport Programme (NLTP). We use different types of funds within the NLTF to invest in particular activities.

When evaluating strategies, programmes, packages and projects, the Government Policy Statement on Land Transport Funding (GPS) (external link) requires both local government and the NZTA to consider a number of matters, including achieving better value for money.

In assessing whether to invest in land transport activities the NZTA rates strategies, programmes, packages, projects and other activities across three factors, being the:

  • strategic fit of the problem, issue or opportunity that is being addressed,
  • effectiveness of the proposed solution, and
  • economic efficiency of the proposed solution.

Have your say on what gets funded

Find out how you can have input to proposed transport activities.