Risky business
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
Two new Acts - the Natural Environmental Act and the Planning Act - will replace the RMA by the end of 2025, with a bill introduced to Parliament in 2026 and passed before the next election.
According to RMA Reform Minister Chris Bishop and Undersecretary Simon Court, the new system will be grounded in property rights and will shift the burden of proof to those who currently weaponise the RMA to block development.
Cue the wailing from Greenpeace, whose hissy fit nicely sums up the current problem - lack of respect for property rights: "The proposed reforms are based on the dangerous idea that if you own a piece of land, you should be able to do what you like with it."
