Auckland’s traffic congestion is a significant issue, costing the economy up to $1.39 billion annually in lost productivity, with average commuters spending five days a year stuck in traffic. The proposed Land Transport Management (Time-of-Use Charging) Amendment Bill aims to introduce congestion pricing to enhance traffic flow, although critics express concerns about its potential impact on lower-income commuters, while noting it could improve public transport reliability. While Auckland faces the greatest challenge, other major cities like Wellington and Christchurch also grapple with similar congestion problems.
Full Article
Financial experts say long-term investment is a guaranteed Lotto ‘win’
Lotto's Powerball is set for a $20 million prize this Saturday, yet investment experts suggest that instead of spending on tickets, individuals could achieve a more certain financial gain by saving consistently, leveraging the power of compounding. With odds of winning the top Lotto prize at one-in-3.84 million and Powerball at one-in-38 million, the likelihood of achieving a significant return through savings is much higher. Want More Context? 🔎
Read more