30 Nov 2011

Driver licence system almost paying for itself

2:30 pm on 30 November 2011

Official papers show the driver licence system is getting close to breaking even financially.

In response to a huge difference between what it cost to run the system and the fees generated, the Transport Agency increased fees in mid-2010.

The shortfall was just over $3 million last financial year; down from $8 and $9 million in the two previous years.

NZTA says the system costs in the region of $50 million per year to run and is pleased it is getting closer to paying for itself.

While there is no set date or year for it to break even, the agency says that will happen eventually.