ELECTION 2020: How recovery spending will benefit property

Thu, 10 Sep 2020

The major political parties are signing some big infrastructure cheques ahead of the Oct. 17 election, and property and construction are likely to cash in.Both Labour and National are banking on big development projects to help move the New Zealand economy beyond the shadow of covid. Labour’s infrastructural keystone is its $12 billion NZ upgrade, of which more than half, $6.8 billion, represents transport initiatives. Over that it has layered its $3 billion covid response and recovery fund icing, focused on shovel-ready project...

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