Transaction Unit market sounding process

Transaction Unit market sounding process

The feedback suggests substantial further work is required in order to ensure that stock transfers deliver on the aims expressed for the transfers, in particular their potential for better outcomes for families, communities and taxpayers. CHA has discussed its...

New process for social housing transactions

The Government wants to hear from parties interested in: Transfer of existing HNZ properties and tenancies for ongoing social housing purposes (these may occur over several years, although they are interested in identifying the transfers that might follow Tauranga and...

Government expects a large HNZ dividend next year

“Housing NZ’s Statement of Performance Expectations features a single reference to a new item called “capital contributions to the Crown” (page 15). “The $336 million the Government will receive in 2016 is in addition to the $118 million annual dividend it takes out...

Makeover for old state homes

Around 85 North Island state houses have been sent to Spring Hill since the programme started in 2008, and the idea has also been replicated at Rolleston Prison south-west of Christchurch to help with housing in the Canterbury region. Trained tradesmen oversee the...

Green party comments on Serco’s involvement

“Thousands of state houses being placed on the asset sales block tomorrow for overseas buyers is a move that is deeply unpopular with New Zealanders” the Green Party have commented. “That the Serco boss was here offering to buy up more state assets like...