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:
Rethinking property through ESG, the Living Building Challenge & low-carbon design As the property sector faces increasing pressure to meet ESG (environmental, social and governance) goals, reduce carbon, and
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 8 July 2025, the Property Council submitted on speed limits surrounding One New Zealand Stadium at Te Kaha. Why this matters to our members Our members invest in Christchurch and wish to see a vibrant and functional city. Our view We recommend that Christchurch City Council retain the existing 50km/h speed limit on the surrounding streets of Te Kaha and retain the current 30km/h speed limit on Lichfield Street. In the current tight fiscal environment, this is a sensible approach, as average operating speeds already range between 21km/h and 41km/h. This allows the Council to achieve its safety objectives without incurring the $14,000 implementation cost of changing speed limits. Read the full submission
On 12 June 2025, the Property Council submitted on the Public Works Amendment (Critical Infrastructure) Bill 2025. Why this matters to our members The Bill aims to streamline land acquisition processes for public works related to projects listed in Schedule 2 of the Fast-track Approvals Act 2024, as well as Roads of National Significance. It recognises the importance of delivering essential infrastructure in a timely manner, while also ensuring that property owners whose land or interests are affected are appropriately compensated. Our view We support the overall intent of the Bill and welcome the Bill’s aim to reduce procedural delays and to promote more direct, transparent, and timely engagement between landowners and decision-makers. Read the full submission.
On 9 June 2025, the Property Council submitted on Waipā District Council’s Local Water Done Well. Why this matters to our members The proposal for Waipā District Council to form a multi-Council Controlled Organisation (CCO) governed by an independent Board of Directors is important for our members as it will allow for a more strategic approach to decision-making and asset management. Our view We support the establishment of a CCO between Waipā District Council and Matamata-Piako, Hauraki, Ōtorohanga, Waitomo, South Waikato and Taupō to enhance governance standards and enable strategic, coordinated decision-making for water infrastructure. Councils across New Zealand have historically underinvested in infrastructure, resulting in today’s funding and financing challenges. The establishment of a CCO would allow a separate
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:
