Simon Watts’ office has corrected its earlier statements that no further work was being done.
One of the most contentious parts of the review of the Retirement Villages Act was the timeframe for when capital is returned to former residents or their estates.
It has the last huge protein source left in the world, says the National MP.
Everyone agrees the RMA is not fit for purpose, Rehette Stoltz says.
About 46% of resource consents under RMA will not be needed under new regime.
The money is invested in things that make the commission more productive, says John Small.
But their pricing will be regulated by the Commerce Commission.
Hard questions are asked about why Crown capital is needed, instead of private capital, MBIE says.
The Government has revealed its changes to the Retirement Villages Act following a review that was initiated by the previous government in 2023.
Questions over climate change and infrastructure spending prompt a testy exchange.