Managed retreat compensation packages recommended

Managed retreat compensation packages recommended
Some properties at Muriwai will not be safe to live in again. (Image: Getty)
Greg Hurrell
A report from an expert group has recommended homeowners, landlords and commercial property owners are compensated for managed retreat related to climate change based on avoiding hardship.That focus means the owners of holiday homes would, in general, receive nothing beyond demolition and cleanup costs if they had to be abandoned.The Expert Working Group on Managed Retreat report was released on Aug 15, along with a Ministry for the Environment (MfE) report that explores the options for managed retreat. It was tasked with designing a manag...

More Infrastructure

Opening day congestion for untolled Penlink highway – NZTA
Infrastructure

Opening day congestion for untolled Penlink highway – NZTA

The road should be redesigned if the Government chooses not to toll, agency said.

Oliver Lewis 26 Jul 2024
Downtown car park building legal challenge 'resolved'
Infrastructure

Downtown car park building legal challenge 'resolved'

Society challenging the sale to Precinct raised 0.4% of its High Court funding target.

Oliver Lewis 25 Jul 2024
Govt to fight receivers over $30m Tui oil field tax credit
Infrastructure

Govt to fight receivers over $30m Tui oil field tax credit

Crown bid to have liquidators cover decommissioning costs is subject to approval.

Victoria Young 24 Jul 2024
Govt agrees 'in principle' to $10b worth of Northland roading PPPs
Infrastructure

Govt agrees 'in principle' to $10b worth of Northland roading PPPs

The Northland expressway project could be one of the first PPPs out of the gate.

Dileepa Fonseka 23 Jul 2024