What is PC120?
Plan Change 120 (PC120) is Auckland’s intensification planning policy, designed to enable housing supply through changes to zone standards and development rules.
The Minister for RMA Reform has announced proposed changes to Plan Change 120 (PC120), Auckland’s intensification planning framework. As part of this announcement, the Government has indicated that the previously signalled target of two million housing capacity may no longer proceed.
While full details of the proposed amendments have not yet been released, it is expected that any changes will take effect once Cabinet finalises revisions to the Resource Management Act.
Property Council New Zealand has responded, calling for stability and certainty in planning settings. In comments to BusinessDesk, we emphasised that:
“Planning certainty is critical. Any revisions to PC120 should avoid unintentionally slowing the delivery of homes or limiting intensification where it makes sense.”
“With construction costs already high, a clear and consistent planning framework is essential to ensure that new housing can continue to be built efficiently and affordably.”
Property Council will continue to monitor developments and engage with government and stakeholders as more detail becomes available.
For more information or to discuss how these proposed changes may affect your project or investment, please contact Leonard.
Author | Leonard Hong
An accomplished economist and public policy professional, Leonard brings a global perspective and analytical edge to Property Council New Zealand’s advocacy team.
With a background spanning macroeconomics, international political economy, and urban development policy, Leonard’s career has taken him from the New Zealand Parliament to leading think tanks and industry bodies across the Asia-Pacific. Before joining Property Council, he was a Policy Advisor with the Property Council of Australia in Perth, where he led research and advocacy on urban growth, infrastructure, industrial and capital market settings. His earlier experience includes roles with The New Zealand Initiative, where he co-authored nationally recognised economic reports, and as an advisor to Hon. Andrew Bayly MP, former Minister of Commerce and Consumer Affairs.
Leonard holds a Master’s degree in International Political Economy from Nanyang Technological University, Singapore, graduating with First Class Honours and dual degrees in Commerce and Arts from the University of Auckland. A recipient of both the Prime Minister’s Scholarship for Asia and the Prime Minister’s Scholarship for Latin America, Leonard is also a member of the Asia New Zealand Foundation’s Leadership Network and an Adjunct Associate with Principal Economics.
Passionate about evidence-based policy and the intersection of economics, cities, and governance, Leonard’s work supports Property Council’s mission to create thriving, well-designed communities across Aotearoa New Zealand.
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