Prop­erty in­vestors de­clare is­sues

South Waikato News - - PROPERTY -

Waikato com­mer­cial prop­erty in­vestors are a strong voice in an elec­tion man­i­festo be­ing pre­sented to the Govern­ment next month on ini­tia­tives and is­sues the sec­tor wants ad­dressed by the in­com­ing regime.

Waikato Prop­erty Coun­cil chair­man Gra­ham Dwyer said the doc­u­ment would be held over un­til af­ter the Rugby World Cup fi­nals to try to se­cure max­i­mum po­lit­i­cal and pub­lic at­ten­tion for the sec­tor’s hopes.

Near the top of the wish list would be a re­quest that the Gov- ern­ment re­vis­ited last year’s de­ci­sion to scrap de­pre­ci­a­tion claims on com­mer­cial build­ings, he said.

‘‘This is a real is­sue, par­tic­u­larly as it re­lates to fit-outs. Things like air con­di­tion­ing, lifts and sus­pended ceil­ings wear out quickly.’’

The Govern­ment had failed to dif­fer­en­ti­ate prop­erly be­tween de­pre­ci­a­tion re­lat­ing to res­i­den­tial prop­erty and com­mer­cial build­ings, said Mr Dwyer.

Also on the sec­tor’s agenda would be lo­cal govern­ment amal- gama­tion. The Waikato Prop­erty Coun­cil, whose mem­bers are com­mer­cial prop­erty in­vestors and in­vest­ment com­pa­nies, had been ‘‘work­ing hard’’ to con­vince the Govern­ment and the re­gion’s lo­cal au­thor­i­ties that an Auck­land-style amal­ga­ma­tion of coun­cils was de­sir­able here too, Mr Dwyer said.

Prop­erty Coun­cil lo­cal lead­ers would this week meet In­ter­nal Af­fairs rep­re­sen­ta­tives to work out log­i­cal bound­aries for any such amal­ga­ma­tion. Amal­ga­ma­tion of Waikato coun­cils into a sin­gle lo­cal au­thor­ity would lead to bet­ter and more sen­si­ble re­gional plan­ning and cor­rect fund­ing of re­gional as­sets with­out ‘‘ coun­cil squab­bles’’, said Mr Dwyer.

An­other item in the man­i­festo would be the re­quire­ment to in­crease scrutiny of the fi­nan­cial rigour lo­cal au­thor­i­ties ap­plied to in­come, ex­pen­di­ture and whether coun­cils had lazy as­sets.

In the case of Hamil­ton, the coun­cil be­lieved the city was ‘‘ over-pro­vided’’ with some ser­vices in some ar­eas and had too few in oth­ers. The coun­cil had a study un­der way on the cost and pro­vi­sion of the city’s ser­vices and re­sources.

‘‘We’ll also be push­ing for the Govern­ment to cut red tape.

‘‘To put it sim­ply, govern­ment is too big,’’ he said.

‘‘We’ve got to have in­fra­struc­ture but it needs to be in­fra­struc­ture that en­ables peo­ple rather than con­stricts and slows them down.’’

Ef­forts had to be stepped up to write a com­pre­hen­sive in­fra­struc­ture plan for the coun­try, he said.

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