The housing crisis 'lever' discounted by government

The housing crisis 'lever' discounted by government
The government last year discounted changes to the rating system to encourage more productive use of land. (Image: Deposit Photos)
Oliver Lewis
The prime minister has argued the government is “pulling every lever we have available to us” to address the housing crisis.However, BusinessDesk has discovered one possible lever – described by a senior economist as a practical, “small” change – which was discounted by officials.The Ministry of Housing and Urban Development (HUD) provided a briefing to housing minister Megan Woods in January 2021 on increasing housing supply.In it, HUD said the Department of Internal Affairs (DIA) would be providing the loca...

More Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Greg Hurrell 12 Dec 2024
Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday