Latest / Early Edition with Ryan Bridge / Simon Court: Secretary to the Minister for RMA shares that infrastructure will be the new focus in the next quarterly plan
Transcript
- 0:00Speaker 1: The government's released it's Q four action Plan. It's got
- 0:03Speaker 1: forty three points and it's the ones we're looking at
- 0:05Speaker 1: this morning. RMA reform and establishing the National Infrastructure Agency,
- 0:10Speaker 1: which is coming by Christmas. We are promised in this
- 0:13Speaker 1: action plan. Simon Court is act MP and Under Secretary
- 0:16Speaker 1: to the Minister responsible for RMA reform and for Infrastructure.
- 0:20Speaker 1: Simon good morning, Good morning, Ryan, thanks for being with me.
- 0:24Speaker 1: The Infrastructure Agency that we want to set up by Christmas.
- 0:28Speaker 1: Have you got any idea on what it's going to
- 0:30Speaker 1: cost us?
- 0:32Speaker 2: No, but it's the vital that we do have an
- 0:35Speaker 2: agency that can coordinate funding from the private sector that
- 0:39Speaker 2: we need to put it into the PPP projects, and
- 0:44Speaker 2: that has the expertise, say to accept and review market
- 0:48Speaker 2: lead proposals when the private sector has a really really
- 0:51Speaker 2: good idea and they want to take it to government. Say,
- 0:56Speaker 2: for example, when I was in Texas in twenty twenty two,
- 0:59Speaker 2: a Spanish consortium said, look, we've provided a proposal to
- 1:02Speaker 2: upgrade State Highway one and upgrade the Northern Express Busway
- 1:06Speaker 2: at no cost to the taxpayer. All we wanted was
- 1:08Speaker 2: a fifty year right to operate it. There was no
- 1:11Speaker 2: one to receive that proposal. So the National Infrastructure Agency
- 1:14Speaker 2: is intended to be the front door for really really
- 1:17Speaker 2: good ideas and the coordinator between private and institutional finance
- 1:21Speaker 2: and the big profit private partnership.
- 1:23Speaker 1: Had any offers so far? Did you've announced that it's coming.
- 1:28Speaker 2: Well, what we heard at the Building Nations conference, which
- 1:31Speaker 2: is New Zealand's big infrastructure conference about a month ago,
- 1:34Speaker 2: was it this massive desire to participate in these big
- 1:40Speaker 2: public private partnership projects. But you haven't had challenge.
- 1:42Speaker 1: You haven't had any specific offers that you're aware of
- 1:46Speaker 1: the government has any specific offers from interested parties.
- 1:50Speaker 2: I'm aware that there are a number of parties that
- 1:52Speaker 2: are lining up to make submissions when we've got the
- 1:55Speaker 2: National Infrastructure Agency open.
- 1:57Speaker 1: Do you know how many or what their names are?
- 2:01Speaker 2: And I certainly don't. And that's the that's one of
- 2:05Speaker 2: the challenges is maintaining privty and if people have really
- 2:08Speaker 2: really good ideas, we don't want them to be in
- 2:10Speaker 2: a situation where they present their folder of good ideas
- 2:13Speaker 2: to government and then it gets shopped around all the
- 2:14Speaker 2: competitors or or treated in a way that underds.
- 2:18Speaker 1: Have you guys spoken to Labor about the establishment of
- 2:21Speaker 1: this year. Have you have you guys been in contact
- 2:23Speaker 1: with Barbi Edmonds et cetera, because it was all it
- 2:26Speaker 1: all needed to be come by our according to the
- 2:28Speaker 1: Expert Advisory Panel.
- 2:31Speaker 2: Well, there is cross party support for delivering infrastructure. Different
- 2:36Speaker 2: political parties have different priorities, but the coalition's priority is
- 2:40Speaker 2: to get major roads of national significance consented and built totally.
- 2:44Speaker 1: And I get that. But the problem is you guys
- 2:47Speaker 1: start it, they stop it. The next one starts that,
- 2:49Speaker 1: they stop it. So you need to be an agreeance.
- 2:51Speaker 1: Have you guys spoken to Labor or not.
- 2:55Speaker 2: Well, I've certainly spoken to people at Barbara Edmonds on
- 2:57Speaker 2: a regular basis. But here's the challenge for lay Ryan.
- 3:01Speaker 2: They need to grow up. In countries like Australia, there
- 3:04Speaker 2: is no there is no dispute where the roads are
- 3:07Speaker 2: part of the nation's infrastructure mix. For some reason, the
- 3:10Speaker 2: left wing in New Zealand still want to argue about
- 3:12Speaker 2: where the roads are. A good idea. They just need
- 3:15Speaker 2: to grow up and get with the pronoun.
- 3:16Speaker 1: I think everybody needs to grow up. Really, let's talk
- 3:19Speaker 1: about Dunedin Hospital there. Why don't we have a privately
- 3:22Speaker 1: owned hospital belt.
- 3:26Speaker 2: Well, that's a really good question. I have a delegation
- 3:29Speaker 2: to look into the key options and to develop policy
- 3:33Speaker 2: to make it much easier for those kind of projects
- 3:36Speaker 2: to go ahead with private capital. At the moment, the
- 3:39Speaker 2: government is really short of money. But public private partnerships
- 3:43Speaker 2: are action. They're not just to get more money, they're
- 3:47Speaker 2: actually to get better whole of life maintenance outcomes, bring
- 3:50Speaker 2: more innovation, and.
- 3:51Speaker 1: There's private companies that do this. They build health care facilities,
- 3:54Speaker 1: they build hospitals, and then we rent them back. Would
- 3:57Speaker 1: you like to see that in some way? Like Dneden, Well, I.
- 4:01Speaker 2: Think that's one of the options that should be on
- 4:03Speaker 2: the table. Is necessarily well, it may not necessarily apply
- 4:06Speaker 2: to to need, but it certainly should in the health
- 4:09Speaker 2: or folio education, Fortolio Social Services going forward.
- 4:13Speaker 1: Does nationally agree with that because at the moment they've owned,
- 4:15Speaker 1: they've limited it to acc super fund, etc.
- 4:21Speaker 2: Well, we're developing the Public Partnership Policy Model update and
- 4:26Speaker 2: that's going to be available in the next couple of months,
- 4:29Speaker 2: and at that point it's going to be quite clear
- 4:32Speaker 2: there's a simpler pathway for a whole of private investors
- 4:36Speaker 2: and really good quality builders to get together and provide
- 4:39Speaker 2: these solutions to government over a longer period of time.
- 4:42Speaker 1: You're giving me the scoope simon, aren't you. You're saying
- 4:46Speaker 1: that hospitals and health are both fair game for private
- 4:50Speaker 1: private capital to build PPPs, to come and build them
- 4:53Speaker 1: and we rent them back.
- 4:55Speaker 2: Well, that's a government policy to consider better use of
- 4:59Speaker 2: private nes situtional capital and delivering infrastructure. That's no secret, right.
- 5:03Speaker 2: But one of the one of the things we've learned
- 5:05Speaker 2: from looking at Transmission Galley and some of these other
- 5:08Speaker 2: projects is actually the risk balance isn't right between the
- 5:11Speaker 2: crown and the private sector. There's some risk that the
- 5:14Speaker 2: crown should should take hold of and retain and then
- 5:17Speaker 2: you actually get a better value, smarter outcome from the
- 5:20Speaker 2: private sector. So those are one of the things that
- 5:22Speaker 2: we're working on and also making sure the collaboration up
- 5:25Speaker 2: front is going to deliver the best design and the
- 5:27Speaker 2: best value for money. So in the next in the
- 5:30Speaker 2: next couple of months, we'll be making an announcement about that.
- 5:34Speaker 1: But just to be clear, National has so far limited
- 5:37Speaker 1: funding or ideas for funding for health and education to
- 5:40Speaker 1: the a SEC Fund, the super Fund and Key we saver.
- 5:42Speaker 1: Are you saying that it could be open to private
- 5:45Speaker 1: enterprise companies like vital.
- 5:49Speaker 2: Well in the education space, you know there are already
- 5:52Speaker 2: education PPPs, so at Waktapu School, you know in Auckland,
- 6:00Speaker 2: at Hobsonville. We're private capital, not just ACC and these
- 6:03Speaker 2: other government funds are already engaged. So we just want
- 6:07Speaker 2: to make sure that there's a simple pathway to do
- 6:09Speaker 2: it and that the Crown is ready, because the Crown
- 6:11Speaker 2: hasn't necessarily been ready to have this engagement. The last
- 6:14Speaker 2: six years have seen the withering away of Crown's capability
- 6:18Speaker 2: to engage with the private sector. We're making sure that
- 6:21Speaker 2: we're ready to do that and we'll have a policy
- 6:24Speaker 2: announcement take in the next couple of months.
- 6:25Speaker 1: All right, Simon, thank you very much for your time
- 6:27Speaker 1: this morning. That's act MP and Under Secretary for IMA
- 6:30Speaker 1: and Infrastructure, Simon Court. For more from News Talks EDB,
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