Dingbatt:
Hasn’t the Minister of Finance ‘Granted’ (pun intended) himself an extra billion dollars to tackle climate change? So if the feebate legislation hasn’t passed by 1 April then they may be able to dip into that. I don’t think it will be required though unless Ute drivers in NZ stage a coup!
It doesn't need any more funding (Yet) its got a $300 million loan from the Govt that Ute owners will pay back in the future
Hon MICHAEL WOOD: The scheme is designed to be a fiscally neutral scheme, funded through a $300 million repayable loan from the Crown, and it has been structured in such a way that the scheme pays out and brings in income within the confines of that structure. It is not our expectation that that fund will run out anytime soon.


