Articles tagged with Infrastructure Funding And Financing
$27.6M Government Fund to Rebuild Hawke’s Bay Marae After Cyclone Gabrielle
1 month ago | 417 viewsThe New Zealand Government has allocated $27.6 million through the Whenua Māori and Marae Pathway to relocate and rebuild two Hawke’s Bay marae, Petāne and Tangoio, in safer locations after severe damage from Cyclone Gabrielle in 2023. Both marae were assessed as Category 3, indicating unacceptable future risk from flooding and landslides, prompting the need for relocation to new sites at 253 Onehunga Road and 139 Beach Road, respectively. This investment aims to ensure the marae continue to support their communities, especially during emergencies, by strengthening resilience and providing certainty for future generations.
Tags: Tama Potaka Cyclone Gabrielle Petāne Marae Tangoio Marae Whenua Māori and Marae Pathway Hawke’s Bay Māori Development Māori Crown Relations National Infrastructure Funding and Financing Māori communitiesGovernment Approves Infrastructure Levy to Build 1,500 New Homes at Te Awa Lakes
2 months ago | 374 viewsThe Government has approved the use of an Infrastructure Funding and Financing (IFF) Act Levy to support the construction of around 1,500 new homes in the Te Awa Lakes development near Hamilton by funding up to $50 million in water and roading infrastructure. The IFF Act enables infrastructure costs to be financed through a Special Purpose Vehicle that charges levies to benefiting homeowners, bypassing local government borrowing constraints and allowing growth to pay for growth. Additionally, the Government is enhancing the IFF Act and supporting developments like Te Awa Lakes with the Greenfield Model to reduce financing costs and promote affordable housing growth.
Tags: Chris Bishop Te Awa Lakes Infrastructure Funding and Financing Act Hamilton City Council New Zealand Government Housing Minister IFF Act Levy Greenfield Model National Infrastructure Funding and Financing Limited Coalition GovernmentNew Zealand to Double EV Public Chargers with $52.7M Zero-Interest Government Loans
2 months ago | 417 viewsNew Zealand's government is investing $52.7 million in zero-interest loans, alongside $60 million from ChargeNet and Meridian, to more than double the country's public EV chargers to around 4,550, aiming for 10,000 by 2030. This initiative addresses the current shortage of public chargers, a key barrier to EV adoption, by easing private sector investment and streamlining planning rules to accelerate infrastructure rollout. Expanding the charging network supports growing EV uptake, reduces emissions, and helps households save on fuel costs amid volatile global markets.
Tags: Chris Bishop Simon Watts ChargeNet Meridian Energy New Zealand EV chargers electric vehicles government loans EECA National Infrastructure Funding and FinancingNew Infrastructure Funding Bill Boosts Housing Growth and Speeds Development
6 months ago | 544 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
6 months ago | 575 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 GovernmentRevitalizing the Property Sector: Updates on Market Cycles, Innovative Ideas, and Growth Opportunities in Queenstown
8 months ago | 808 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 Act