New Zealand to fast-track law for infrastructure costs

New Zealand MPs will vote on an amendment to local government laws this week, allowing councils to recover some infrastructure costs from fast-track developers. The change aims to address outrage over some residential fast-track developments, such as Delmore and Sunfield in Auckland and Homestead Bay in Queenstown. The amendment will impact developers in other stages of the fast-track system and will ensure councils can set appropriate development contributions that reflect growth-related infrastructure costs.