Cyclone-ravaged orchardists facing balance sheet woes
Many companies are financially mortally wounded by the effects of Cyclone Gabrielle and may have to sell up because of their high debt levels.
This was announced by former Transport Minister Simon Bridges during a recent meeting with the New Zealand Transport Agency (NZTA) chair. The announcement has been welcomed by mayors.
Wairoa Mayor, Craig Little, says the councils were heartened by the outcome of Friday's meeting in this regard.
“It was great to get the clarity we’ve been so desperately seeking, and to have it confirmed that the Hawke’s Bay region will, in the current 2024/25 year, receive the full $91 million allocated as part of Budget 24,” Little says.
“This is exactly what we need as a region to be able to hit the ground running when the construction season kicks off next week,” he adds.
Hastings Mayor, Sandra Hazlehurst says the funding commitment provides further reassurance that the Government is prepared to listen to the needs of Cyclone-hit regions and support recovery activity.
She says it was “fantastic” to meet with Bridges on Friday and to hear him echo the region’s desire to move quickly, adding that he agreed with the need to cut through red tape in order to deliver for those communities.
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“Friday’s funding commitment is yet another example of the continued excellent support and investment we’ve received from Prime Minister Luxon and Transport Minister Simeon Brown as we work to rebuild our region’s severely damaged local roads and bridges,” Hazlehurst says.
Central Hawke’s Bay Mayor, Alex Walker, says the focus needs to turn to translating the decisiveness and clarity from Bridges into formal funding approvals and on the ground projects.
"I have been anxious about being able to ensure our district is going to get the funding and project approval ahead of the summer construction season, so I am really grateful we have been given this assurance it is coming," Walker says.
"All I wanted to do is give certainty to our kaimahi and contractors ahead of Christmas, so we all know that we can get on with the mahi.
“The roads we are fixing up are economic and social enablers,” he says.
“Rebuilding them reconnects our communities and strengthens our primary sector and the entire region's economy,” Walker concludes.
