Articles tagged with National Infrastructure Funding And Financing
National's Infrastructure Plan: Fixing NZ Land Transport Funding and Costs
1 week ago | 199 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 | 220 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 | 323 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 Financing