Misc

RMA changes help property investors

Property investors adding a deck or some similar renovation to their property should have a much less difficult issue with resource consents.

Wednesday, February 04th 2009


That at least is the promise in the government’s Resource Management reforms announced yesterday.

The main points in the announcement by Environment Minister Nick Smith relate to large projects, but Smith says owners of small properties who want to make changes will also be helped.”

“At the moment the council official has no power to say in effect ‘the effects of this change are minor so we won't go through the expense of a full resource consent process.’ This will change that.”

Examples he gave of unnecessary resource consent processes include someone adding a deck to a house or putting up a clothesline.

“And there are 5,000 resource consents a year just for people to trim a tree.”

The changes also include:

•    Removing the current presumption in favour of notification of resource consent applications and amending the criteria for when public notification is required on projects with more than minor effects on the wider environment.
•    Simplifying the reporting requirements for council decisions and removing the need for material to be repeated in subsequent hearings or reports.
•    Stop councils inserting “blanket” tree protection rules in urban areas.
•    Limit the ability for local authorities to ‘stop the processing clock’ during requests for further information from applicants.
•    Require all councils to pay discounts to applicants if consents are processed late.

Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
TSB Special 4.39
Co-operative Bank - Owner Occ 4.45
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Westpac Special 4.45
SBS Bank Special 4.49
BNZ - Std 4.49
TSB Special 4.49
Kiwibank Special 4.49
ANZ Special 4.49
AIA - Go Home Loans 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
BNZ - Std 4.99
AIA - Go Home Loans 5.15
ASB Bank 5.15
Co-operative Bank - Owner Occ 5.19
ANZ 5.39
TSB Special 5.39
Kiwibank Special 5.39
Kainga Ora 5.49
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank 5.65
ANZ 5.69

More Stories

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.

Differing views on 50-year mortgage

Tuesday, December 02nd 2025

Differing views on 50-year mortgage

US president Donald Trump recently raised the idea of 50 year mortgages; but New Zealand advisers say such long loans won’t take off in New Zealand.

Houses selling at a loss hit a 12 year high

Wednesday, November 26th 2025

Houses selling at a loss hit a 12 year high

About one in five Auckland residential properties (19.3%) sold for less than their original purchase price in the third quarter, up from up from 15.9% in the second quarter.

OCR Preview: How far is far enough for the RBNZ?

Friday, November 21st 2025

OCR Preview: How far is far enough for the RBNZ?

Economists expect the OCR to drop another 0.25% to 2.25% next week, with a 50/50 chance of another cut in February.