Quick links
Click a priority to be taken to the appropriate page, or scroll at your leisure.
Enable thriving cities and infrastructure
- Build both up and out. Ensure good urban design by encouraging intensification around key transport nodes.
- Abolish rating differentials.
- Alternative funding mechanisms.
- Ring-fence development contributions.
Transform the planning system
- 30-year regional planning with development/infrastructure sector and outcomes focused.
- Priorities of resources and environmental limits are decided at a national level with cross-partisan support.
Adopt fairer regulation and tax settings
Deliver housing that enhances communities
- Increase housing supply.
- Further champion the Build to Rent housing sector.
- Cap local authority liability to 20%, establish minimum insurance requirements, develop a National Register of Products, create an independent regulator for consent applications, and create National or Regional Consenting authorities.
Improve sustainability and resilience
- Government and the property industry collaborate on reducing the emissions of the built environment.
- Targeted incentives for buildings that invest in energy efficiency and clean energy.
- Work with the private sector to collect data in order to set national energy efficiency benchmarks for the operation of buildings.
- Mandate advertisement of energy efficiency ratings on the lease/sale of buildings.
- Introduce tax deductions for the costs of seismic strengthening.
Adopt fairer
regulation and tax settings
Priority:
Amend the Overseas Investment Act to attract much-needed overseas investment.
Supportive of overseas investment. In 2022, introduced a member’s bill to allow reduced barriers to investment from overseas. Members bill did not pass.
During its confidence and supply agreement with the Labour-led Government, Greens supported a ban on foreign buyers for residential property.
During its last term in Government, Labour introduced a ban on foreign buyers for residential property.
Amend the Overseas Investment Act for the Build to Rent market.
Amend the Overseas Investment Act to enable foreign buyers to purchase residential property valued at over $2 million with a 15% tax.
During its coalition with Labour, NZ First supported a ban on foreign buyers for residential property.
Stop all sales of freehold land to offshore/foreign interests.
No announcement.
Priority:
Re-design the funding model for Fire and Emergency New Zealand.
No announcement.
No announcement.
The Labour Government has conducted a funding review and passed the Fire and Emergency (Levy) Amendment Act 2023. Property Council foresees the need for more significant reform.
No announcement.
Priority:
Depreciation for commerical, industrial (and Build to Rent) properties.
No announcement.
No announcement.
Remove depreciation for non-residential buildings (Commercial and Industrial).
Remove depreciation for non-residential buildings (Commercial and Industrial).
Introduce depreciation for Build to Rent (residential) assets.
Deliver housing
that enhances communities
Priority:
Increase housing supply.
Allow intensification above Council Plan maximums if the community agree.
Support intensification near key transport nodes.
Significantly scale up the Kāinga Ora building programme.
Development height bonus (of 1/3 height) for climate friendly housing.
Government-backed underwrite for Community Housing Providers.
6000 additional public housing places in the next term.
Unlock land for housing.
Land for Housing Growth Targets will require Tier 1 and Tier 2 Councils to zone enough developable land (housing capacity) for the next 30 years.
Support community housing providers by providing capital/operational funding and long-term contracts.
No announcement.
Build 2,000 houses on (Māori) ancestral lands in the next two years.
Ensures the Government re-enter the housing market to develop and build state housing stock.
Note: Te Pati Māori plan to amend the Building Code to require all residential new-builds to be fully accessible.
$3 billion development fund for Community Housing Associations.
Priority:
Further champion the Build to Rent housing sector.
In the past, ACT has been favourable to Build to Rent.
No announcement.
During its last term in Government, Labour created a Build to Rent asset class, with access to interest deductablity in perpetuity.
Support growth in Build to Rent by amending the Overseas Investment Act and enabling depreciation for Build to Rent properties.
Priority:
Cap local authority liability to 20%, establish minimum insurance requirements, develop a National Register of Products, create an independent regulator for consent applications, and create National or Regional Consenting authorities.
30-year building insurance scheme requiring builders to purchase insurance. Long-term need to reform building consents.
Break up of building material supply monopolies and set up publicly-run alternatives.
No announcement.
Streamline Building Consents by requiring councils to accept video and photo evidence of work done.
Major Infrastructure Priorities (MIPs) consent category which will require decisions within one year.
Strengthen competition for building materials with automatic approval for appropriately certified building materials from the US, Europe UK and Australia.
Disclaimer
Please note, this information was current as of 11 September 2023 and will continue to be updated as policies are announced, as best as they can be interpreted. Property Council New Zealand takes no responsibility for incorrect data but will do our best to ensure this is correct.