REINZ questions whether CGT will improve long-term costs

Bindi Norwell, Chief Executive at REINZ says: “In the short-term there may be some initial relief in house price affordability as investors look to sell their property to avoid paying CGT. This may create opportunities for first home buyers. “However, in the long term...

Mike Greer to build over 100 KiwiBuild homes

Haupai outside The agreement for 104 homes includes the cheapest KiwiBuild announced so far – 11 two-bedroom standalone homes in Kaiapoi for $360,000. Other homes will be built in Huapai, Whenuapai, Pukekohe, Kaiapoi, Rolleston, Pegasus, Woodend, Rangiora, Halswell,...

The Salvation Army Wheels Out First Ethical Shopping Truck

In a bid to curb unethical lending in our most vulnerable areas, The Salvation Army will launch a new shopping truck in South Auckland on Tuesday 19th February. The Good Shop is a roving truck offering vulnerable consumers access to honest financial advice and quality...

Waiting list for public housing emboldens social support

“More and more of our people are unable to put a roof over their head, showing we urgently need more state and public housing. “We are seeing the direct consequences of successive Governments not putting the wellbeing of New Zealanders first. The Greens are working...

​Most new public housing places in a decade

The latest figures from the December 2018 Public Housing Quarterly Report shows that the Government is pulling out all the stops to house those in need, Phil Twyford said. “Our Government has been clear that the best way to tackle the housing crisis is to build more...

​ UPDATE: KiwiBuild will crowd out as much as 75%

The Reserve Bank estimates that for every 100 houses built under the government’s KiwiBuild programme over the next three years, between 50 and 75 other houses may not be built because of capacity constraints. Talking to parliament’s Finance and...