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...

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...

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...

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...