How Do The Transport Tax Increases Impact Housing And What Are We Doing About It?
The new regional fuel excise/tax will be phased in over the next three years and Aucklanders will eventually face up to 23.5c per litre from this alone.
Our population is forecast to be two million by 2033 adding an extra 300,000 people in the job market. Employees in the city and fringe will double in that time. The CRL in construction now will help create efficiencies, yet most know that still more needs to be done.
This extra fuel tax on Auckland’s motorists has been initiated to help fund the light rail initiative from the CBD to the airport and west Auckland.
This will naturally encourage more people towards public transport for commuting, which is no bad thing given the extra 70,000 cars that are hitting our roads every year.
Unfortunately, for a growing city like ours, our public transport system is pretty user-unfriendly. We’ve got a lot to do before we can compare with the likes of Melbourne or London in this regard.
As this goes to print, AT released an update to the Auckland Transport Alignment Project and is claimed to be a fully funded $28 billion package to improve transport amenity over the coming decade, some of which has been provided for by the very excise tax increases.
We watch with interest where the upgraded nodes will be, as demand for quality housing in these locations will be prime. Rapid Transit has been allocated $8.4 billion which includes the already committed CRL, Northern Busway Extension, Eastern Busway and seed funding for the Light Rail and improvements to the rail network in the outer regions.
Our focus is on creating superior housing solutions within the higher intensification zones, where we believe a growing percentage of the population is attracted, for its vibrancy, ease and ability to engage with the community.
As a result, we encounter fierce criticism from NIMBYs who do not want this change, blaming extra loads and congestion we’re creating by increasing housing choice in urban areas.
Nevertheless as written previously, change must happen, so we use this data to help us form assessments of where the highest demand will be for quality housing.
It stands to reason to focus on locations that are well located and enable residents to safely walk their children to school, getting to their place of work efficiently, and ideally being close to local shops and parks for community based living.
Peoples lifestyles have changed from what they were 30 short years ago. It’s a fact of life that most families lead busy lifestyles and have unrelenting work demands. In many situations, children are no longer expected to fend for themselves after school as in my generation, placing greater demands on parents.
It makes sense for us to create quality housing choices to improve the way we live.