CORRECT: Concerns about lack of affordable Auckland housing, high cost of building materials dominate select committee

Sophie Boot
Wed, 08 Feb 2017

(Corrects first paragraph of story published Feb. 8 to show national figures, details Auckland plans in third paragraph.) By Sophie Boot Feb. 8 (BusinessDesk) - Housing New Zealand plans to build 4,900 state houses over the next three years, although the number of new state houses will increase by just 722 in that time as it replaces its worn-out housing stock. The new Auckland Unitary Plan allows for an additional 30,000 homes to be built on Housing New Zealand land over the next 30 to 50 years, a tenfold increase from the previous pl...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
NZ dollar hits two-year low
Staff reporters | Wed, 06 Jul 2022

The New Zealand dollar fell to 61.59 US cents at 5pm this evening – the lowest it has been since May 2020.

Retail
Govt plans for grocery commissioner well received
Rebecca Howard | Wed, 06 Jul 2022

The new watchdog “will be a referee of the sector, keeping the supermarket duopoly honest and blowing the whistle where it suspects there is a problem”. 

Climate change
Carbonz resumes trading with creators standing by their credibility
Ian Llewellyn | Wed, 06 Jul 2022

The creators of a voluntary carbon credit and platform to trade them stand by their product.

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges