Hibiscus Coast App

Fast-Track Bill to Jumpstart NZ Economy

Hibiscus Coast App

Staff Reporter

14 October 2024, 7:27 PM

Fast-Track Bill to Jumpstart NZ Economy149 Projects Slated for Swift Approval. Photo by Troy Mortier

Coasties, along with communities nationwide, could soon witness a surge in infrastructure projects under the newly proposed Fast-track Approvals Bill.


With 149 projects listed, this bill aims to expedite developments in housing, transportation, and renewable energy— all intended to bolster New Zealand's economic growth.


Announced by Infrastructure Minister Chris Bishop, the bill’s purpose is to cut through bureaucratic red tape and fast-track projects critical for the nation’s recovery.


“Since 2022, New Zealand has battled anaemic levels of economic growth,” Bishop said.


“If we want Kiwi kids to stop moving overseas, better public services, and a lower cost of living, economic growth is the only answer.”





The bill promises quicker approvals for a range of projects by allowing them to bypass traditional processes and go directly to an expert panel with the Environmental Protection Authority.


This panel will oversee assessments and attach any necessary conditions, aiming to streamline the path from planning to execution.


Local business leaders and industry voices have largely welcomed the announcement.


Bridget Abernethy of the Electricity Retailers Association, for example, praised the inclusion of renewable energy projects, saying they “will help provide confidence to build and deliver affordable clean electricity for our low-emissions future.”


James Smith from the National Road Carriers Association noted that the focus on road and rail projects is “balanced and achievable,” and crucial for enhancing productivity across the country.


Katherine Rich, Chief Executive of BusinessNZ, highlighted the potential for job creation.


“These projects will stimulate job creation and economic activity at a time when we need it most,” she stated, underscoring the immediate impacts that these projects could have on local employment.


Despite the positive outlook, some environmental advocates have urged caution.





Gary Taylor, head of the Environmental Defence Society, acknowledged the benefits but reminded readers of the need for responsible development.


“While I come from an environmental perspective, I am also a Kiwi interested in the economic welfare of our nation. A lot of the infrastructure projects look good to go to me, subject to environmental assessment,” he remarked.


The bill is set to be reported back from the Environment Committee in mid-October, after which projects could quickly progress.


This move is positioned as one piece of the government’s broader strategy to stimulate the economy, with plans to transform these projects from proposals into reality by the end of the year.