So, Barbara Edmonds is in front of the investment conference today, representing the Labour Party who may or may not be in charge of the Treasury benches in the future.
The conference will be waiting to see if Labour is on the infrastructure bus. If they will support the projects the National-led government are into, and if they’re on board with foreign investment in our infrastructure plans
It’s actually the critical address of the weekend.
Yesterday we heard that the big concern is the pipeline of work.
Overseas investors don’t want to set up shop in New Zealand for a project only to find we back out, leaving them with a big investment and nowhere to go.
To be fair, National has done it with the cancellation of big projects like the ferries.
Labour also did it with a moratorium on road development.
It’s time for a bipartisan accord on what we need to do, but that will be hard to find as our parties have used infrastructure as a way to differentiate between themselves.
That’s dumb.
For instance, roads are neither left wing or right wing.
Labour’s anti-road sentiment has been based on faulty logic. Somehow, they think building roads means more emissions.
Which is ridiculous, it means the same emissions on bad roads. In fact, it means more emissions as traffic gets stalled.
A good road is an efficient road, and an efficient road helps with both emissions and productivity.
So, all eyes on Barbara to see if she’s logical or ideologically driven.
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