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Budget 2021

BUDGET 2021: Not enough emphasis on housing

Brent Melville
Fri, 21 May 2021

Budget missed the boat on housing.
Brent Melville
Fri, 21 May 2021
Investment in infrastructure was near the top of the government's agenda but yesterday's budget has done little to address the country’s housing and climate change challenges, Property Council New Zealand (PCNZ) says.Grant Robertson, the finance minister, announced a boost in spending of 50% across major projects yesterday that will span the next four years, amounting to an additional $15.1 billion to $57.1b.That included a $3.9b increase to $12b in the multi-year capital allowance for projects like school property and KiwiRail pu...

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