KiwiBuild releases updated figures

Jan 25, 2019 | News

Number of homes contracted and committed: 10,160 with thousands more planned in our Large Scale Projects. Number of homes completed: 47 with 236 more homes under construction Number of homes contracted and committed for completion by 30 June 2019: 293 (Some contracts...

KiwiBuild a ‘massive political distraction’

Jan 24, 2019 | News

“The government could lower unit construction costs in many ways, as it is well aware,” former Business Roundtable economist Bryce Wilkinson says in a new research note today. It could ease up on red tape, improve the supply of urban land by removing...

Twyford: It’s going to be tough to meet Kiwibuild target

Jan 24, 2019 | News

This week a report found New Zealand is one of the most unaffordable countries in the world to buy a house, with the average price more than six times the median household income. More than six months into KiwiBuild, only 33 homes have been built – well short of...

Subfloor insulation in rentals a costly mistake

Jan 22, 2019 | News

Insulation features in “healthy homes” regulations that Housing and Urban Development Minister Phil Twyford is expected to impose next month. Under existing law, New Zealand’s 262,000 owners of rental property are required to install both ceiling and underfloor...

Construction shortage list, unlikely to alleviate shortage

Jan 22, 2019 | News

The Government recently established the new Construction and Infrastructure Skill Shortage List (CISSL) to address the ongoing problem of short supply of construction workers in New Zealand. But the new list scheme is likely to be too rigid to be effective, and will...

Housing Ministry head hints he acted against Barclay

Jan 22, 2019 | News

Mystery already surrounded Barclay’s nearly three month absence from his position as inaugural head of the government’s flagship KiwiBuild programme, before the one-time head of the San Francisco America’s Cup village tendered his resignation earlier...

KiwiBuild head Stephen Barclay officially resigns

Jan 22, 2019 | News

Stephen Barclay, head of the KiwiBuild unit Photo: RNZ / Patrick O’Meara In a statement issued on his behalf, it was announced that he would step down from today. Housing Minister Phil Twyford’s office said he would not be commenting on Mr Barclay’s...

Housing sector working in silos – Property Council boss

Jan 22, 2019 | News

A new study reveals none of the country’s main property markets are considered affordable anymore. The annual Demographia International Housing Affordability report released today shows New Zealand continues to be one of the most unaffordable countries in the...