Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Time to Buy! How we finance Auckland’s growth!

Time to Buy!

How we finance Auckland’s growth!

September 2016

Our debt strapped Council needs innovative alternative financial funding and development policies. My BIG idea is for Council sponsored involvement in creating a greenfields Satellite City. This project will raise very significant user pays Council revenue, reducing the need for further rates increases.

Here is how ...

Everything council is doing is making property investors, developers and land bankers extremely rich while driving Auckland into debt. So why is this happening?

Sir Barry Curtis had the right idea and the vision when he was mayor of Manukau. Manukau was rich with land and Sir Barry was buying it all up.

Auckland right now is facing this most amazing opportunity of very large growth and a demand for housing and community.

This is what brings wealth to a city. It allows us to grow, put in new infrastructure, create work, investment and international investment. We need a mayor that can see the huge value in this for Auckland and how to make it work for us.

Council doesn’t want to open up land because it needs infrastructure and it cannot see how to pay for it. This is exactly where our opportunities are. New development areas in greenfields is where we need to acquire the land before it is rezoned. We create a plan covering the area which includes all the things a community needs such as roading, water, power, schools, police, fire, ambulance, play grounds, sports fields, parks and much more. We do this in conjunction with developers so that we recoup our full costs for infrastructure as well as paying down debt. We then fast tract the process for the developer to build quickly and economically. This allows us to build on mass scale creating affordable housing and building communities where people will Live, Work and Play. This is how we need to grow Auckland and how we finance our growth and pay down our huge debt.

Says John Palino




© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On National’s Plan To Privatise Welfare Delivery

On the rare occasions when it ever gets asked, the public keeps rejecting tax cuts as such, as a policy priority. It keeps saying it wants tax levels to either stay the same or be increased, so that public services can be maintained, or even (perish the thought) improved. In 2018, after nine years of the systematic underfunding of health and education by the last National government, the public wanted better: A UMR survey….shows 92% of Kiwis agree public services like hospitals, schools and the transport system need more government funding...


Luxon: Speech To The 2022 National Party Annual Conference

Kia ora! What a brilliant conference! The energy wave from this weekend will carry us right through to election year and I say: bring it on... More>>

National: Five Years Of Failure For Light Rail
Construction of light rail in Auckland might not begin until 2025 despite tomorrow marking five years since Jacinda Ardern announced it would be delivered to Mt Roskill by 2021, National’s Transport spokesperson Simeon Brown says... More>>

Government: Representation Bill Passes Third Reading In Parliament
Te Rūnanga o Ngāi Tahu welcomes the passing of new legislation tonight to reinstate Ngāi Tahu councillors to Environment Canterbury... More>>

Government: More Women On Public Boards Than Ever Before

“Women’s representation on public sector boards and committees is now 52.5 percent, the highest ever level... More>>

Te Pāti Māori: Debbie Ngarewa-Packer Calls On PM To Support Bill To Ban Seabed Mining

Te Pāti Māori Co-leader, Ngāti Ruanui and Ngā Rauru uri Debbie Ngarewa-Packer is today celebrating that her Prohibition on Seabed Mining Legislation Amendment Bill has been drawn from Parliament’s biscuit tin... More>>

Housing: Building Consents Surpass 50k Again
New Zealand’s strong pipeline of housing construction is continuing with the annual number of new homes consented surpassing 50,000 for the fourth month in a row... More>>




InfoPages News Channels