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Built to last: how can we take a more strategic approach to infrastructure asset management in Aotearoa New Zealand?

Publisher
Infrastructure Assets Public finance Government expenditure Infrastructure funding Major projects Property maintenance New Zealand
Resources
Attachment Size
download linkBuilt to last 3.07 MB
Description

This report warns that many of Aotearoa New Zealand's mounting infrastructure challenges stem from a preventable lack of basic upkeep of assets. It highlights the long-standing 'build and forget' mindset where vital infrastructure is built but not adequately maintained. One of the core issues highlighted in the report is that infrastructure upkeep funds collected through rates, taxes, and user charges are often diverted to new projects rather than reinvested into maintenance.

The report calls for fundamental changes, including ring-fencing renewal funding, increasing transparency, and ensuring infrastructure investment decisions consider full asset lifecycles rather than just upfront costs. It urges central government to lead by example by maintaining comprehensive asset registers and strategic management plans.

Key recommendations

  • Make investment decisions about infrastructure assets over their full lifecycle, not just upfront costs.
  • Central government should lead by example, maintaining asset registers and developing strategic asset management plans.
  • Improve assurance processes and increase public scrutiny to drive compliance with best practice.
  • Invest in workforce capability to ensure we have the skills to manage infrastructure well.
  • Improve our understanding of the performance and condition of existing assets, to better inform strategic decisions.
  • Ring-fence funding for renewals or publicly justify why it isn’t being done.
  • Increase transparency around maintenance spending, including a clear breakdown of proactive vs reactive maintenance. 
Publication Details
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