Delaying the transport policy statement until after the election answers the political calendar, not the taxpayer
The Government Policy Statement on Land Transport, the document that sets the direction for the country's roading, public transport and rail spending, will not appear until after the election. The Minister of Transport, Chris Bishop, has said he is frustrated that cost-benefit ratios for transport projects have fallen since the 1990s. That frustration is stated plainly enough. What follows from it, in the form of a delay, is harder to accept.
What is at stake is not a technical timetable but the terms on which billions of dollars of public money are committed for years at a stretch. The Government Policy Statement is meant to be the instrument by which poor projects are tested and good ones funded. If cost-benefit ratios have indeed slipped as far as the Minister suggests, the case for publishing a corrected statement now, rather than later, grows stronger, not weaker. Every month the current settings remain in force is a month in which the pipeline of Roads of National Significance, whatever their individual merits, proceeds under the discipline the Minister himself has just declared inadequate.
This newspaper will concede what can honestly be conceded. Getting the analysis right before locking in a document that will guide spending for years is not an unreasonable wish, and a Minister who wants the numbers straightened out before committing to them in writing shows more care than one who does not. There is also a fair argument, though not one advanced by the Minister here, that an election year invites a policy statement to be treated as campaign material rather than considered on its merits. Neither point, however, answers the simple fact that deferral leaves the weaker settings running exactly through the period, election year, when transport spending pressures are heaviest and scrutiny of them most needed.
The country is entitled to know, before it votes, what the Government intends to fund and on what basis. A Minister who believes the current cost-benefit test has failed owes the public a fixed test, not a postponed one.
- Publish the Government Policy Statement before the election, in whatever provisional form is honest, rather than after it.
- Require published cost-benefit ratios for every Road of National Significance before further commitment of funds.
- If the timetable genuinely cannot be met, say so to Parliament and explain why, rather than let the date pass unremarked.