Auckland Mayor Wayne Brown recently discussed the city's infrastructure and economic development in a YouTube conversation with economist Shamubeel Eaqub.

The conversation covered key issues such as infrastructure spending, financing, and planning, with Brown emphasising the need for significant investments to support Auckland's growing population.

During the conversation, Mayor Brown highlighted the necessity for Auckland to increase its infrastructure spending to accommodate the growing population.

"We must invest more in public transport, including rail, and ensure we get better value from our existing assets," he stated.

Brown was critical of the current financing system, which relies heavily on rates.

He suggested adopting a value capture approach, where beneficiaries of infrastructure projects contribute to the costs.

"Auckland Council should set up a wealth fund to support future infrastructure projects," he proposed.

The Mayor also criticised the slow and bureaucratic planning process, advocating for more central government investment in Auckland and greater use of economic principles in decision-making.

He expressed concern over Auckland's treatment by the central government in Wellington, arguing, "Auckland generates more tax revenue than it receives back."

The discussion underscores the ongoing debate about how best to manage Auckland's growth and the need for strategic investment in its infrastructure.

Watch the video below.