The owners of the disputed land at Ihumātao say for seven months they've halted development at the request of the Prime Minister, but that can't continue indefinitely. Chris McKeen/Stuff The owners of the disputed land at Ihumātao say for seven months they've halted development at the request of the Prime Minister, but that can't continue indefinitely. READ MORE:* Ihumātao: Māori King confident of a positive resolution before Waitangi* Ihumātao: Fletcher Building denies backing down on disputed land* Government won't confirm or deny loan for Ihumātao* Ihumātao: Crown considers loan for Auckland Council to buy landThe construction company is seeking $40 million for the property - more than double the $19m it paid in 2014. Today Fletcher chief executive Ross Taylor presented its half-year results and described the ongoing occupation of its land as a complex situation. Henare said Fletcher had a right to be frustrated by the delays - something he says the land owners have expressed all along.

Source: Stuff February 19, 2020 05:48 UTC