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This includes a direct impact of $3.6 billion and flow-on (indirect and induced) impacts of $2.2 and $2.7 billion respectively. It is important to note that this does not include capital gains from the appreciation of land and property values. In addition, 24,820 employees were directly employed in the property industry, accounting for 9% of total employment in Wellington. That is a significant involvement by our members and others.
The cost of doing business in Wellington remains high, with ever-increasing commercial rates and seismic issues leading to high insurance premiums that inhibit the city’s prosperity.
As a region, we are continuing to effect change through our advocacy, events program, and collaboration with like-minded organisations including, of course, Wellington City Council.
To do that we need your support. Our members are at the very core of what we do every day. Get involved! Also, please tell us what you seek from your membership, what events, topics and speakers you would like to hear.
Rolle Property
Wellington Regional Chair
In the regions, our regular projects include Long-term Plans, Annual Plans, District and Spatial Plans, rates differentials and development contributions. In addition to this, each Regional Committee also choose one priority to focus on for the year, with Wellington’s being:
AI is no longer a concept of the future – it’s here, and it’s transforming the property industry. Are you ready? Join us for an exclusive afternoon with industry
The Wellington Regional Committee assists the Property Council team to formulate our local advocacy strategy and plan member events and initiatives in the region.
The current Committee is in effect from 1 November 2024.
The Local Government Briefing Paper has been produced in advance of the 2025 Local Government Elections to provide candidates – many of whom are unfamiliar with the property industry – with a simple guide to the challenges faced, solutions available and potential impact for their city or region.
The document outlines five key workstreams:
Singing off the same song sheet nationwide also helps ensure consistency across our national and regional advocacy workstreams. It is a working document that will evolve over time as policies are announced and issues arise, with the current version available for download by members upon logging in here. 👉
The Wellington Property People Awards celebrate and recognise the people behind the projects in the Wellington region.
Tickets for the Wellington Property People Awards are now available – book today!
On 16 April 2025, Property Council submitted on Wellington City Council’s Draft Annual Plan 2025/26. Why this matters to our members The Draft Annual Plan 2025/26 outlines the direction of Wellington City Council for the next twelve months and will influence outcomes across Wellington. It is important that decisions made by the Council have fair and equitable outcomes for the property sector. Our view At a high level, we recommended that Wellington City Council: Review and reduce the operational expenditure (currently sitting $48.5m higher than forecasted in the Long Term Plan); Commence a staged reduction of the business differential until either removed or reduced to an equitable level over the next three annual plans (nine years) and replaced with alternative
On 28 March 2025, Property Council submitted on Christchurch City Council’s Draft Annual Plan 2025/26. Why this matters to our members Property Council advocates for the creation of a well-designed, functional and sustainable built environment. We are concerned about the cumulative costs and fees being imposed on businesses, as well as the significant traffic management issues in the City Centre, as this impacts Christchurch’s appeal as an attractive destination for investment. Our view At a high level, we recommended that Christchurch City Council: Review and reduce the operational expenditure (currently sitting $17.5m higher than forecasted in the Long Term Plan); Seek advice on the cumulative impact of rates and fees for the commercial sector; Investigate alternative funding mechanisms; Investigate a
On 26 March 2025, Property Council submitted to Christchurch City Council on the Development Contributions Policy Review 2025. In brief Property Council is deeply concerned about the impact of the proposed development contributions on housing supply and affordability in Christchurch. Significant development contribution fee increases will likely result in Christchurch becoming uncompetitive for new housing developments compared with neighbouring and other comparable regions. If enacted, this development contribution policy could add tens of thousands of dollars to the price of a new build house in Christchurch. Our view The Draft DC Policy was released prior to Central Government’s announcement to overhaul development contribution fees and replace them with developer levies. Legislation enabling development levies will occur in September 2025, only
Property Council has several dynamic and engaged member taskforces and committees, who provide insight and support our team with a range of initiatives. These groups are ever-changing and are open to all members.
We also have numerous opportunities for sponsors to partner with us to produce and support local events.
Please contact your Regional Manager for further information: