Fast-track applications have a $448,000 price tag

Fast-track applications have a $448,000 price tag
An upgrade for Eden Park is one of 149 projects submitted for fast-track approval. (Image: Getty)
Rebecca Howard
The fast-track approvals regime kicked off today and the owners of the 149 listed projects can now lodge substantive applications for an upfront cost of $448,500.The cost includes a levy of $140,000 plus GST and the application fee of $250,000 plus GST.Last month, a source with an interest in one of the scheduled projects told BusinessDesk the indicative cost was likely to be more than $300,000. The levy helps to cover fast-track consenting overhead costs, including setup and operational expenses, as well as other costs not covered by...

More Economy

RBNZ assistant governor resigns
Economy

RBNZ assistant governor resigns

The announcement comes just weeks after governor Adrian Orr suddenly quit.

John Anthony 17 Apr 2025
Annual inflation lifted 2.5% in the first quarter
Economy

Annual inflation lifted 2.5% in the first quarter

The lift was a tad higher than RBNZ forecasts. 

Staff reporters 17 Apr 2025
Slight inflation lift won't stop rate cuts thanks to trade war
Economy

Slight inflation lift won't stop rate cuts thanks to trade war

Most economists expect annual inflation lifted to 2.4% in 1Q.

Rebecca Howard 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025