Articles tagged with Infrastructure Funding And Financing
National's Infrastructure Plan: Fixing NZ Land Transport Funding and Costs
1 week ago | 202 viewsThe speaker highlights the government's strong infrastructure track record, emphasizing value-for-money investments, policy reforms, and major projects underway, while acknowledging challenges like a funding gap and high costs in the land transport system. To address these, the government plans an independent report on cost drivers and reforms in funding and oversight, aiming for a sustainable, user-funded, and efficient transport network aligned with economic growth and housing development. The upcoming Government Policy Statement (GPS) 2027 will focus on cost control, maintenance, productivity, safety, and transit-oriented development to maximize infrastructure benefits and support growth.
Tags: David Howard Alan Pollard Matua Shane Jones Infrastructure Commission National Infrastructure Funding and Financing Limited Kāinga Ora National Party Ministry for Cities Environment Regions and TransportGovernment Launches Second Round of Zero-Interest Loans for 10,000 EV Chargers by 2030
2 weeks ago | 223 viewsThe New Zealand Government aims to install 10,000 public electric vehicle (EV) chargers by 2030, launching a second round of zero-interest concessionary loans to stimulate private investment in charging infrastructure. This initiative addresses range anxiety and the low charger-to-EV ratio by partnering with the private sector and building on the success of the first funding round, which added 2,574 new charge points. Additionally, the Government is implementing complementary measures such as developing charger standards, easing solar and EV charger installations, and promoting time-of-use electricity plans to support electrification and reduce power costs.
Tags: Chris Bishop Simeon Brown National Infrastructure Funding and Financing NIFFCo ChargeNet Meridian Energy New Zealand Government electric vehicle chargers EV infrastructure public charging networkNew Amendments Boost NZ Infrastructure Funding to Support Housing Growth
4 weeks ago | 326 viewsThe Infrastructure Funding and Financing Amendment Bill passed today enhances the existing Act by simplifying processes, broadening eligible projects, and allowing operational costs to be funded through levies, addressing previous barriers that limited its use. This legislation enables private investment to fund essential infrastructure, such as roads and water services, with repayments made via levies on benefiting properties, thereby supporting housing growth and economic development. The changes aim to accelerate infrastructure delivery, provide greater certainty for developers, and ensure that growth is sustainably funded, aligning with the Government’s broader Going for Housing Growth programme.
Tags: Chris Bishop Simon Court Infrastructure Funding and Financing Amendment Bill New Zealand Housing Growth Milldale development New Zealand Transport Agency KiwiRail National Infrastructure Funding and Financing Environment Committee$27.6M Government Fund to Rebuild Hawke’s Bay Marae After Cyclone Gabrielle
4 months ago | 987 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
5 months ago | 794 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
5 months ago | 879 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
9 months ago | 820 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
9 months ago | 878 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
11 months ago | 1090 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