Major Projects

But do we have the foggiest idea of what it means or how to do it well?

Once upon a time, say 80 years ago back in the days of the First Labour government, ‘social investment’ referred to the government spending, including on education, health and children, which in the long run would add to the wellbeing of the nation.

The strange economic assessment of the proposed extension to Wellington Airport’s runway reduces to a plea for subsidies from tax and ratepayers.

I am sometimes asked to assist voluntary groups with a critique of a commissioned economic assessment of a development project. I decline because of the high standard required from me – one which would stand up as evidence to a tribunal.