Articles tagged with Infrastructure Funding
New Infrastructure Funding Bill Boosts Housing Growth and Speeds Development
1 month ago | 178 viewsThe Infrastructure Funding and Financing Amendment Bill aims to ease development by enabling upfront financing of growth infrastructure, allowing properties benefiting from development capacity to be levied, thus overcoming council funding constraints. The amendments will broaden project eligibility to include agencies like NZ Transport Agency and KiwiRail, remove bureaucratic barriers, and ensure faster decisions with fewer vetoes to accelerate infrastructure delivery. These changes support the Government’s Going for Housing Growth Programme by providing flexible funding tools that help both planned and unplanned infrastructure meet housing demand.
Tags: Chris Bishop Simon Court Infrastructure Funding and Financing Amendment Bill Milldale Housing Growth New Zealand Transport Agency KiwiRail Infrastructure Funding Development Levy GovernmentNew Zealand Government Advances Infrastructure Funding Reforms to Boost Housing Growth
1 month ago | 185 viewsThe New Zealand Government is advancing reforms to improve infrastructure funding and financing to support housing and urban growth, focusing on land supply, infrastructure, and growth incentives through its Going for Housing Growth programme. Key initiatives include introducing the Infrastructure Funding and Financing (IFF) Amendment Bill, replacing development contributions with a new development levies system, and proposing the Commerce Commission as the regulator for development levies to ensure fairness and transparency. Public consultation on these reforms runs until February 2026, aiming to create a flexible, consistent system that enables faster housing development and better infrastructure delivery.
Tags: Chris Bishop Simon Watts Scott Simpson Housing Minister Local Government Minister Commerce and Consumer Affairs Minister Infrastructure Funding and Financing Development Levies Commerce Commission New Zealand GovernmentNew Zealand's Infrastructure Pipeline Hits $275 Billion with 12,000 Projects
1 month ago | 197 viewsThe New Zealand Infrastructure Commission's latest update reveals nearly 12,000 infrastructure projects worth $275 billion, showing significant growth from $237 billion in June, with $181 billion now having full or partial funding. The Pipeline, covering projects across government and private sectors in areas like transport, water, and education, provides a comprehensive view to support better planning, economic growth, and workforce confidence. This update will guide the National Infrastructure Plan by highlighting funded and unfunded initiatives, improving decision-making and system performance nationwide.
Tags: Chris Bishop New Zealand Infrastructure Commission National Infrastructure Pipeline infrastructure projects infrastructure planning construction sector government agencies National Infrastructure Plan infrastructure investment infrastructure fundingRevitalizing the Property Sector: Updates on Market Cycles, Innovative Ideas, and Growth Opportunities in Queenstown
4 months ago | 436 viewsThe speaker expresses gratitude for being at an event in Queenstown hosted by the Property Council, emphasizing the importance of collaboration among various stakeholders in the property industry. They acknowledge the challenges faced by the construction and property sectors due to inflation and economic cycles but highlight government initiatives to support recovery, including reforms to streamline building processes. The speaker outlines key pillars of the Going for Housing Growth program and upcoming Resource Management Act reforms aimed at facilitating development and addressing infrastructure needs, concluding with a mention of City and Regional Deals as strategic partnerships to drive economic growth and housing development.
Tags: Leonie Freemen Minister Penk Shamubeel Eaqub Simplicity Reserve Bank Property Council Resource Management Act Going for Housing Growth Development Levies Infrastructure Funding and Financing ActExploring Toll Concessions for New Zealand's Road Infrastructure Development
6 months ago | 2017 viewsMarket soundings with international and local toll road investors, operators and financiers will begin next week as the next step in exploring how toll concessions could help fund, build and operate important road infrastructure, Infrastructure and Transport Minister Chris Bishop says. “The Government is focused on improving high-quality road infrastructure to boost economic growth and ensure people and freight can travel efficiently and safely. To accelerate the delivery of vital transport projects, we’re looking into alternative funding and financing methods, including the use of toll concessions.
Tags: toll concessions road infrastructure Chris Bishop toll roads private sector involvement market sounding infrastructure funding toll collection transport projects