Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Too much planning

Too much planning

Urban planning has become too wide in its scope, increasing housing costs and reducing prosperity.

This is the view of BusinessNZ in its submission on the Productivity Commission’s draft report Better Urban Planning.

The draft report recommends scaling back planning rules and local government regulation, and improving infrastructure funding approaches to achieve more vibrant, prosperous and attractive local communities.

BusinessNZ’s submission agrees with many of the report’s recommendations.

BusinessNZ Chief Executive Kirk Hope says individuals and companies should have more leeway to build and develop where they wish, as long as they bear any associated environmental and economic costs.

"Regulating should be used more as a last resort, where there is a clear public interest in doing so, and more consideration should be given to compensation for loss of property rights caused by regulation," Mr Hope said.

He said funding of infrastructure needed a fresh look.

"Councils should receive better guidance on available funding tools to achieve better infrastructure. Rather than imposing new taxes it would be preferable for local government to explore working with the private sector in various ways to jointly build and manage affordable infrastructure."

Areas where BusinessNZ had concerns in the draft report included the suggestion of reducing appeal rights, and also the suggestion of a Government Policy Statement on environmental sustainability, given the difficulty of accurately defining what this is and the reduction in certainty this could pose for business and household investment decisions.

However the overall approach by the Productivity Commission was sound and valuable, Mr Hope said, and held much potential for improved local planning in New Zealand.

With submissions now closed, the Productivity Commission will present its final report on urban planning in November.

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Tegel: Chicken Prices On The Rise But It’s Still The Favourite Protein For Kiwi Families

A combination of domestic and international factors is forcing New Zealand’s largest poultry supplier Tegel to raise its prices from July. The roughly 10% price rise is a result of ongoing cost pressures on the industry, including increases in labour... More>>

Hospitality NZ: Hospitality Wages Jump 9% To Pass Living Wage
Wages and salaries across the hospitality sector continue to increase despite businesses having to battle through some of the toughest trading periods in living memory... More>>



Climate Leaders Coalition: Launches New Statement Of Ambition, Appoints New CEO Convenor

The Climate Leaders Coalition is tonight officially launching a new Statement of Ambition to accelerate business action on climate change... More>>


MYOB: New Data Shows Increase In SMEs Experiencing Stress And Anxiety

The lingering impacts of the COVID-19 pandemic have led to a surge in the number of local SME owners and operators experiencing stress and anxiety, according to new research from business management platform, MYOB... More>>



Carbonz: Cashing In On Carbon: The New Marketplace Helping Native Forest To Thrive

The country’s first voluntary carbon credit marketplace, Carbonz, is here to restore native biodiversity and help Aotearoa reach its carbon zero goals by selling the first carbon credits exclusively from native forest... More>>
Entrust District: Dividend Will Be Welcomed After Another Tough Year
We’ve all heard of the saying; “if it sounds too good to be true, it probably is” but for Aucklanders within the Entrust District, getting their share of Entrust’s 2022 annual dividend payment really is as good as it sounds... More>>