Council development charge hikes ‘may be illegal’

Council development charge hikes ‘may be illegal’
Workers prepare infrastructure for roading and eventual housing at the old Unitec site on Carrington Rd. (Image: Alex Burton)
Maria Slade
Auckland Council is proposing overcharging property developers by as much as 60%, a report commissioned for an advocacy group says.The report by the economic agency Urban Economics found that the hike in fees will disproportionately affect affordable housing and may lead to a shift towards building more expensive homes because developers can earn a better margin from them.Auckland Council is currently consulting on plans to increase development contributions (DCs) and the fees it charges developers to pay for new infrastructure such as roads, p...

More Property

Aussie's Laguna Bay gets nod to snap up three Otago dairy farms
Primary Sector

Aussie's Laguna Bay gets nod to snap up three Otago dairy farms

The adjoining properties are being leased to Fortuna Group.

Riley Kennedy 21 Nov 2025
Goodman Property looks to full-year earnings growth
Infrastructure

Goodman Property looks to full-year earnings growth

The REIT lifts interim profit, as well as per-unit earnings and net tangible assets.

Andy Macdonald 20 Nov 2025
Argosy delivers strong first-half results
Economy

Argosy delivers strong first-half results

Earnings and net tangible asset value per share up. 

Andy Macdonald 19 Nov 2025
Asset Plus' first-half profit lower as Munroe Lane in focus
Economy

Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year. 

Andy Macdonald 19 Nov 2025