NZ Urban Development news from the media | 17 December 2024 | Government to enable tolling to accelerate investment in roads

Government to enable tolling to accelerate investment in roads

The Government has agreed key policy changes to enable tolling of roading infrastructure, helping bring forward critical investment in New Zealand’s transport network, Transport Minister Simeon Brown says.

“Tolling is a tool used around the world to accelerate investment in roading infrastructure, and the changes the Government is making will allow this approach to be applied in New Zealand more effectively.

“These reforms ensure that those who benefit from new and improved roads share in the cost of building them, making it possible to deliver infrastructure sooner and more efficiently.

“The Government is taking a user pays approach which optimises toll revenues to build the modern roading infrastructure which will improve economic productivity by helping Kiwis get to where they want to go quickly and safely.

https://www.beehive.govt.nz/release/government-enable-tolling-accelerate-investment-roads

Changes to encourage more rental homes passed into law

The Residential Tenancies Amendment Bill has passed its third reading, delivering on the coalition Government’s commitment to deliver sensible changes to tenancy laws, Housing Minister Chris Bishop says.

“The previous Government’s war on landlords ultimately caused worse outcomes for tenants: rents up by $170 per week from 2017 to 2023, the social housing waitlist increasing by about 20,000 families, and thousands of families living in emergency housing motels,” Mr Bishop says.

“The suite of sensible pro-tenant and pro-landlord changes in the Bill passed into law by Parliament today will give landlords confidence to re-enter the market and tenants more ability to secure a rental home – including for their beloved household pet.

“These changes are part of our Government’s plan to fix our housing crisis. We are also unlocking land for housing inside and around our cities, building infrastructure, and driving down building costs and making it easier to build.”

https://www.beehive.govt.nz/release/changes-encourage-more-rental-homes-passed-law

Housing projects bring 143 new homes to Ōtāra and Papatoetoe

Ōtāra and Papatoetoe have seen a wave of new social housing, with 143 new homes delivered since July – the largest build programme Ōtāra and Papatoetoe have seen in decades.

The homes will help to house those 654 applicants on the housing register in the Ōtāra-Papatoetoe Local Board area.

Kāinga Ora Regional Director for Counties Manukau, Angela Pearce says, the nine developments were built through strong partnerships with iwi, local developers (Ample Co, Bracewell, Gemscott, Home Construction, Precision, Penny Homes, Ravindra and Snehlata Chandra Partnership) and construction teams, reflecting a significant investment in the future of Ōtāra and Papatoetoe.

“Among these, two standout projects highlight the dedication to creating homes for specific needs—one for elderly residents and the other providing much-needed housing in partnership with local iwi Ngāti Tamaoho,” she adds.

https://kaingaora.govt.nz/en_NZ/news/housing-projects-bring-143-new-homes-to-otara-and-papatoetoe/

📰 Subscribe to this newsletter 📰

📒 Check out our complementary practice notes 📒

🏡🚀 Exciting News! Introducing priceHome app: Test Your Auckland Property Market Knowledge! 🚀🏡