Catch up on the key updates from Property Council’s advocacy team, including:
Every year Property Council New Zealand reviews our advocacy priorities, gathering feedback and data through a member survey. This is an opportunity for you to tell us what advocacy topics you want the advocacy team to prioritise for 2023.
With the general election right around the corner, it is more critical than ever that we focus on the issues that are most important to the sector. For the first time, we have also included a ‘state of the industry’ section within the survey. Over time, we aim to use this data to identify industry patterns and trends.
Auckland Development Contributions consultation
Auckland Council is currently consulting on their draft Contributions Policy 2022 which will potentially see development contributions in Drury skyrocket to an average of $83,000.
This will not only deter development in Drury but will also further exacerbate the housing crisis in New Zealand. Drury is one of many ‘investment priority areas’ in Auckland and if the Council decides to push ahead with this increase, it is likely that this might be implemented in other areas across the city.
Submissions are due on Tuesday 8 November. Property Council has developed a template submission for our members should they wish to use and submit. The more companies that submit, the better!
To learn more about the advocacy we are doing in this space, please contact Logan Rainey.
Fire and Emergency (Levy) Amendment Bill
Property Council submitted on the Fire and Emergency (Levy) Amendment Bill last week. This bill amends the insurance-based funding model for New Zealand’s fire service (FENZ).
Property Council has longstanding reservations regarding the retention of the insurance-based funding model for FENZ; with our submission urging central government to make a more appropriate level of crown contribution to FENZ, take a leadership role in contributing a fair and equitable portion of FENZ levies and for greater transparency in FENZ data reporting.
Build to Rent asset class proposed
The Government has introduced the Taxation (Annual Rates for 2022-23, Platform Economy, and Remedial Matters) Bill (No 2) into Parliament.
This is a win for the property sector, as the bill introduces a BTR asset class and restores access to interest deductibility. Property Council has submitted to the Select Committee.
- Submission on the Taxation (Annual Rates for 2022-23, Platform Economy, and Remedial Matters) Bill (No 2)
- Submission on Te Kaha surrounding streets consultation
- Submission on Fire and Emergency New Zealand (Levy) Amendment Bill
- Submission to Auckland Council on Plan Change 79
- Submission to Auckland Council on Plan Change 78
- Submission to Hamilton City Council on Plan Change 12
Author | Sandamali Gunawardena
Sandamali arrived at Property Council with a Bachelor of Arts and Law, and experience as an advisor with the Employers & Manufacturers Association.
Conscientious and detailed, Sandamali leads our advocacy in the South Island and Wellington regions. She is also leading our work on the reform of the resource management and building systems and sustainability / seismic strengthening.
An excellent listener, Sandamali is in her element when facilitating stakeholders and members to develop our advocacy positions.