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

2040 Target And Lower Standards: “Swimmable” Rivers Five Times More Likely To Make You Sick

Forest & Bird has condemned the government’s new water quality standards, warning New Zealanders that they lock in current levels of water pollution and allow for a 5-fold increase in the chance of getting sick from swimming in a river.

“Despite an explicit assurance from Minister Smith that the new water standards would provide for human and ecosystem health, he has failed to deliver on either of these things,” says Forest & Bird CEO Kevin Hague. More>>

ALSO:

 
 

Immigration: Clampdown On Rogue Employers Good First Step

The Human Trafficking Research Coalition is pleased at the new clampdown on rouge employers who exploit migrants announced by Minister Woodhouse this morning, and believes this is a step in the right direction. More>>

ALSO:

Mayor: 750 New Social And Affordable Homes For Wellington (Over A Decade)

The next stage of Wellington’s Housing Upgrade Programme will see at least 750 new units of social and affordable housing built over the next decade, Mayor Justin Lester has announced. More>>

ALSO:

22/2: Christchurch Quake Memorial Unveiled

A city, a region, a nation and an international community impacted by the Canterbury Earthquakes will come together to mark the sixth anniversary of the deadly quake and dedicate Oi Manawa Canterbury Earthquake National Memorial. More>>

ALSO:


November Quakes:

Gordon Campbell: On The Mana-Maori Party Deal

If the self-interest involved wasn’t so blatant, the electorate deal between the Maori Party and Hone Harawira would be kind of poignant. It’s a bit like seeing the remaining members of Guns’n’Roses or the Eagles back on the road touring the nostalgia circuit… playing all the old hits of Maori unity and kaupapa Maori politics. More>>

ALSO:

Private Provision: First Social Bond To Focus On Mental Health

New Zealand’s first social bond will help around 1700 people with mental illness into work, Finance Minister Steven Joyce and Social Investment Minister Amy Adams say. More>>

ALSO:

Immigration: Short Reprieve For Nine Indian Students

A temporary hold on deportations of nine Indian students is a step in the right direction but the Government urgently needs to implement safeguards to stop further injustices to more international students, the Green Party says. More>>

EARLIER:


Megaupload Case: High Court Rules Dotcom, Co-Accused Eligible For Extradion

Internet entrepreneur Kim Dotcom and his three co-accused are eligible for extradition to the United States, New Zealand's High Court ruled... Justice Murray Gilbert upheld a decision by the District Court that there were grounds for Dotcom, Mathias Ortmann, Bram van der Kolk and Finn Batato to be extradited. More>>

ALSO:

PREVIOUSLY:

Port Hills Fire: Midday Update, Monday 20 February

• 9 homes destroyed
• 2 homes with partial damage. Damage includes things like cracked windows, heat damage.
• 3 properties with damage to other external structures e.g sheds or outbuildings More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news