Land supply inquiry critical
BusinessNZ has welcomed the inquiry into land supply to be conducted by the Productivity Commission.
The inquiry into how local government is managing land supply for new housing is critically needed, says BusinessNZ Chief Executive Phil O’Reilly.
“Not only because of the pressing need for more affordable housing, but also because of the impact on the wider economy of spiralling house prices,’ Mr O’Reilly said.
“The inquiry will compare the rules of different councils relating to provision ofl and for housing. Hopefully it will shine some clarity on the very complex rules and requirements that have been adopted by some councils.”
Mr O’Reilly said a good outcome from the inquiry would be an expectation on councils that they will:
- Actively make provision for land for new housing
- Plan for future provision of land so there is an ongoing pipeline of supply for new housing
- Simplify and make more understandable their zoning and land supply rules
- Not seek to minimise their own risk by imposing unnecessarily high requirements on those seeking to build
“Ultimately,we would like to see best practice regulation across all local government as an outcome of this inquiry.”
Contact Phil O’Reilly 04 4966552 or Kathryn Asare 021 555 744
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