Oireachtas Joint and Select Committees

Wednesday, 29 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Gormley:

Well, there was quite a number of things that we did, Chairman.

I can go ... first of all, there was the planning legislation that I introduced, which was to ensure that the way councillors approached rezoning was in a completely different way. that it wouldn't give rise to these ghost estates in the future. The fact is that if you look at the amount of land that was rezoned at that stage ... at the height of the boom, I think it was 44,000 ha, when, you know, that was 32,000 ha more than was needed. And so, in the planning legislation that I introduced, we said that each council had to have a core strategy, that they had to have evidence-based zoning, that they had to get experts in, and that it just couldn't be done in the haphazard way that it had been done up until then. I also initiated a number of planning inquiries because it had come to my attention that there was corruption taking place - a number of complaints from various members of the public. Unfortunately, those inquiries were shut down. The final thing that we did, and it's important ... I really do believe it's important because you can go right back to the Kenny report, back in the '70s, which recommended a windfall tax to deal with this sort of corrupt over-zoning that we were witnessing - that's an 80% windfall tax. And then we went through a tribunal dealing with the corruption, and that tribunal recommended a windfall tax. We introduced it, and it was a good measure. It should have been retained and, unfortunately, it was ditched as well, and I find that very regrettable.

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