KiwiBuild spearheads $42 billion capital spending programme

Thu, 14 Dec 2017

By Paul McBeth Dec. 14 (BusinessDesk) - The new government will pump in $2 billion over the next three years to kick off the KiwiBuild programme targeting 100,000 affordable houses being built over the next decade. The policy is one of the new administration’s headline programmes in a planned $41.7 billion capital spend over the next five years, the Treasury’s half-year economic and fiscal update forecasts show, with an available capital allowance of $12.6 billion and including $7.7 billion of contributions to the New Zealand Superannuati...

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