Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Fletchers Confirm Land Is Biggest Housing Constraint

Housing Affordability: Fletchers Confirm Land Availability Is Biggest Constraint
Press Release By ACT Leader John Banks
Thursday, January 30 2013

New Zealand’s biggest building company, Fletcher Building, yesterday confirmed ACT’s view on housing unaffordability – it’s lack of land that is the biggest driver behind our increasing house prices, ACT Leader John Banks said today.

When questioned on TVNZ’s One News last night, a Fletcher Challenge representative confirmed they could “build significantly more” [houses] but their “biggest constraint is land availability.”

“ACT has said this from the start - no new land means no new houses, and the land that is available is too costly for first home owners,” Mr Banks said.

“Both the 2025 Taskforce, in its 2009 report, and the Productivity Commission report of 2012 reach this conclusion.

“Labour and the Greens both claim they can provide affordable homes, yet their policies fail to address the problem of land supply.

“Rather than making houses more affordable for many, they would rather take money off all New Zealanders to subsidise houses for a few. This will not solve the problem.

“The only credible way to address housing unaffordability is to increase the supply of land. This can only happen if we significantly reform the RMA. It’s the RMA that gives local councils their power to restrict land for residential houses and to drown building projects in resource and building consents, and other red tape.

“Better yet, reforming the RMA will not require the Government to fork out billions of taxpayers’ dollars to build houses for a few. Instead it would increase land supply, decrease land prices and therefore increase the private sectors ability to build more homes for less.

“ACT is committed to RMA reform and we will be pushing National to take bold steps in the RMA reform programme that is currently under consideration by Ministers,” Mr Banks said.

ENDS

To watch the bulletin on TVNZ's One News click here: http://tvnz.co.nz/national-news/fletcher-building-wades-into-housing-debate-video-5329947

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The Ombudsman’s Verdict On Paula Rebstock And Ian Rennie

Unfortunately, the brave and damning report by Ombudsman Ron Paterson on the “flawed” and “unfair” inquiry conducted by Dame Paula Rebstock into events at MFAT pulls back the veil on a far wider issue. More>>

ALSO:

Charities' Report: Stressed Families - Overstretched Services

“Like so many of the whānau and families they serve social service organisations are under huge financial stress. The support demanded from desperate people in communities is far outreaching the resources available.” More>>

ALSO:

Detention: Wellingtonians Protest Treatment Of Refugees

Peace Action Wellington (PAW) and around 50 Wellingtonians blockaded the Australian High Commission, creating a symbolic detention centre to protest the Australian Government's policy of mandatory offshore detention for refugees and asylum seekers. More>>

ALSO:

Diver's Alarums: Breach Means Training Provider Must Repay $1.47 Million

The New Zealand School of Outdoor Studies is to repay $1.47 million (GST-exclusive) to the Tertiary Education Commission (TEC) following an investigation which showed that some student enrolments between 2009 -2014 could not be validated and that courses were under-delivered against their agreement with the TEC. More>>

ALSO:

Education: Government Plans Suggest Bulk Funding Return

Plans by the Government to return to bulk funding are likely to see increased class sizes and schools most in need missing out on much-needed resources, Labour’s Acting Education spokesperson Grant Robertson says. More>>

ALSO:

Interim Report: Auckland Looks Long Term To Pay-Per-Km Road Pricing

Aucklanders can expect to be paying variable rates per kilometre to travel on the city's most congested roads under an emerging transport strategy being formulated by the government and the Auckland Council. More>>

ALSO:

Despite Promises: Government Extends Iraq Deployment

Cabinet has agreed to extend New Zealand’s contribution to the joint New Zealand-Australia mission to train Iraqi Security Forces until November 2018. More>>

ALSO:

On The 'Terrorism' Card:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news