Banks says Resource Management Act has led to Auckland first-home buyers facing "housing costs almost as unaffordable as London." He details specific changes.

“There is something very wrong with the laws in this country if an employee can fake their references, lie about their qualifications and experience and be so incompetent they almost kill someone and still be awarded $10,000 in compensation for distress." - John Banks.

He replaces outgoing president Chris Simmons. 

ACT co-founder Sir Roger Douglas says the media is beating up John Banks, but treating everything Kim Dotcom says as gospel.

John Key is confident the Epsom MP did not mislead him over "anonymous" donations from Kim Dotcom and SkyCity.