Govt awaits advice on land-bankers – Ardern

Mon, 23 Nov 2020

The government is waiting for officials to report back on what meaningful steps it can take to free up property held back by land-bankers.Prime Minister Jacinda Ardern told her weekly post-Cabinet press conference that the 5-to-20 percent of land identified in a 2018 report as being held back from development remains a concern when more housing is needed.The government has issued a national policy statement directing councils to encourage development “up and out”, and has sought advice on what can make a meaningful difference, Arder...

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