Land sales scheme


PHOTO: ALDEN WILLIAMS/STUFF Land near Wanaka owned by Peter Thiel, which used to be part of a pastoral lease.

The Government intends to scrap the contentious land reforms known as tenure review, following a scathing internal report that pointed to multiple failings in the process.

An announcement on the cancellation is imminent, according to multiple people with knowledge of the Government’s plans.

The reforms – which began informally in the early 1990s but were adopted formally in 1998 – concerned hundreds of Crown-owned farms that were leased to pastoral farmers.