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RMA reform – opening the door to investment
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BusinessNZ
A 2021 report for the Infrastructure Commission estimated that RMA consenting processes for infrastructure projects cost $1.29 billion per year. “In BusinessNZ’s view, the RMA will continue to inhibit New Zealand’s growth potential until it is properly amended to recognise property rights and allow responsible growth to happen. “We are hopeful that NZ may be turning a page, and moving towards a future where businesses and all New Zealanders can feel more confident about developing their property in ways that maximise the contribution our vast natural resource base can contribute to New Zealanders’ future economic well-being,” Mrs Rich said.