24 Nov 2020

Could taxing land-banking encourage more development?

From Morning Report, 8:10 am on 24 November 2020

The Prime Minister is signalling she wants something to be done about land-banking.

At her post-Cabinet briefing yesterday, Jacinda Ardern said many were infuriated by the extent of the practice.

Economist Kirdan Lees says taxing vacant land may be proposed as a solution, but that's not the right path.

He speaks to Corin Dann.