A group representing landlords with $40 billion-plus of real estate welcomed the Government's 30-year infrastructure plan but wants funding problems addressed.
Property Council chief executive Connal Townsend said the new plan was a great step forward in planning and gave the development community better certainty.
However, he said the plan could go further in addressing funding.
"Local government needs a suite of tools to fund efficient infrastructure. It's unfair to load the costs of infrastructure on the development community and ratepayers through development contributions and rates. Bolder funding options and innovation is required and the Government must enable this. We need a bipartisan agreement on how to fund New Zealand's future infrastructure," Townsend said.
Finance Minister Bill English yesterday announced the Thirty Year New Zealand Infrastructure Plan 2015, which sets out New Zealand's response to the infrastructure challenges it will face over the next three decades.