A property development company is taking Kāinga Ora to court, over its refusal to fast track a $4 billion housing development in Papakura.

Winton Land is accusing the state housing agency of engaging in anti-competitive behaviour,  by refusing private developers fair access to fast-track powers and paying well above market rate for land.

Chief Executive Chris Meehan won't say how much money is being sought, but says the money is significant.

He told Mike Hosking they don't actually want money, they just want Kāinga Ora to process their application.

LISTEN ABOVE

A property development company is taking Kāinga Ora to court, over its refusal to fast track a $4 billion housing development in Papakura.
Winton Land is accusing the state housing agency of engaging in anti-competitive behaviour,  by refusing private developers fair access to fast-track powers and paying well above market rate for land. Chief Executive Chris Meehan won't say how much money is being sought, but says the money is significant.
He told Mike Hosking they don't actually want money, they just want Kāinga Ora to process their application.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.