1:42 pm today

The Te Ara Tupua walking and cycling path between Ngauranga and Petone opened on Friday.

The Transport Agency says Wellington's new cycleway atop a harbour wall is expected to come in under its $348 million budget.

About three quarters of the construction costs were for resilience work, and only a quarter for the path and bridge on top, it said.

However, all of NZTA's funding for it - $261m - came out of its now shrinking 'Walking and Cycling' pot (or activity class).