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by Joseph Mooney, Queenstown’s MP

The decision by inland Otago councils to pursue a Regional Deal with Central Government marks a pivotal moment - not just for our region, but for the South Island. As one of only three initial city and regional deals nationwide, it’s a big vote of confidence in Otago Central Lakes and a recognition of our potential to lead the way in shaping New Zealand’s future.

This Regional Deal is about more than just funding - it’s about fixing a broken system. It aims to deliver long-term infrastructure solutions tailored to our unique needs, transforming transport, energy, and healthcare through a strong partnership between local councils and central government. By blending public and private investment, the proposal promotes smarter, more efficient funding models. Growth should also pay for growth, while keeping things affordable for ratepayers and taxpayers.

New Zealand currently faces a staggering $100 billion infrastructure deficit - a drag on our economy and a daily frustration for communities like ours. This didn’t happen overnight. It’s the result of decades of poor planning, underinvestment, and inefficient delivery across successive governments. Despite being among the top 10% of high-income countries for infrastructure spending, we’re in the bottom 10% for outcomes. As Ernest Rutherford famously said, “We haven’t got the money, so we’ve got to think.” However, for too long, we’ve been spending - but not thinking - enough.

The National-led Government is changing that. Its 30-year infrastructure plan embraces both new and under-used tools, like public-private partnerships (PPPs), time of use charging, value capture, and performance-based contracts. These models can accelerate delivery, improve outcomes, and reduce the burden on public finances. Almost all public infrastructure in New Zealand is built by the private sector, but the key is in how that infrastructure is financed and co-ordinated.

Regional Deals are central to this strategy. They allow for long-term coordination, tailored solutions, and innovative financing. Special purpose vehicles, for example, can ring-fence infrastructure projects from council balance sheets, ensuring those who benefit - such as from new housing - help fund them over time.

We’ve already seen public private partnerships work. The Ultra-Fast Broadband initiative brought fibre to 87% of New Zealanders. Locally, Wakatipu High School was financed, built and is maintained by a private consortium in a 25-year partnership with the Ministry of Education - freeing educators to focus on teaching. The high school will be returned to the Ministry after 25 years in excellent condition.

Asset recycling can also be part of the funding mix. But to be clear, there’s been no discussion - and no expectation - that QLDC sell its shares in Queenstown Airport. This is our moment to lead - to be imaginative, innovative, and courageous. Let’s seize the opportunity.