Fuel taxes are set to be replaced by road user charges for all vehicles - and it's left many wondering how these changes will be implemented.

Eroad has welcomed this development, and their share price has risen in the hours since Transport Minister Chris Bishop made this announcement.

Eroad co-CEO Mark Heine says the company's been making use of electronic road user charges (eRUC) for years and says the technology's there to get this going.

"We're still working through with the Government for the pricing for that, but our target is to get it as cheap as possible."

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Fuel taxes are set to be replaced by road user charges for all vehicles - and it's left many wondering how these changes will be implemented.
Eroad has welcomed this development, and their share price has risen in the hours since Transport Minister Chris Bishop made this announcement.
Eroad co-CEO Mark Heine says the company's been making use of electronic road user charges (eRUC) for years and says the technology's there to get this going.
"We're still working through with the Government for the pricing for that, but our target is to get it as cheap as possible."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Mark Heine: Eroad co-CEO reveals how electronic RUCs could work

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f645e420-bf16-473b-baad-b33200731e02/transcript