Commercial property returns across New Zealand’s listed sector are at their highest level since March 2008.
The Property Council says the country’s three most powerful planning laws have created a mosh pit of bureaucratic complexities, forcing the costs of land sky high.
The Property Council says the country needs separate legislation for protection of the natural environment and integrated urban planning that is focused on cities.
Property Council CEO Connal Townsend discusses splitting environmental legislation and urban planning on NBR Radio and on demand on MyNBR Radio.
Property Council's Connal Townsend believes it’s wrong that building owners can’t treat strengthening costs as a cost of doing business.
Property Council CEO Connal Townsend talks about earthquake legislation on NBR Radio and on demand on MyNBR Radio.
Connal Townsend: “Auckland Council has put the public in a terrible position by asking for feedback on development of 11,000 hectares when there are no publicly available background reports or analysis.”