The Impact of Depreciation

The infographic below shows the impact removing depreciation will have on commercial and industrial buildings and everyday Kiwi businesses.

Thanks to Urban Economics for their research and Russell McVeagh for independently reviewing our results.

Authors

Denise Lee

Advocacy Consultant | Property Council New Zealand

denise@propertynz.co.nz

Katherine Wilson

Head of Advocacy | Property Council New Zealand

katherine@propertynz.co.nz

The latest

Property Council announces new National Board and committee appointments

Property Council New Zealand announced its National Board and committee appointments at its Annual General Meeting today. All appointments take effect from 1 November 2026 for a two-year term. Nominations

September 25, 2026

Landmark earthquake-prone buildings reform passes into law

Property Council New Zealand has welcomed the passing of the Building (Earthquake-prone Buildings) Amendment Bill, describing it as a landmark reform that will give thousands of building owners and communities

September 21, 2026