Govt must keep nerve if housing reforms to succeed: First NZ Capital

Govt must keep nerve if housing reforms to succeed: First NZ Capital
Pattrick Smellie
By Pattrick Smellie Feb. 5 (BusinessDesk) - The government needs to keep its nerve and press ahead to abolish Auckland's urban city limits and accelerate both the creation of an Urban Development Authority to over-ride local government regulation, and implement new ways to fund infrastructure for affordable housing developments. That's the advice from New Zealand's largest sharebroking firm, First NZ Capital, in a note to clients on the political and practical challenges the government faces as it starts 2019 on the backfoot over slow pro...