Govt faces tricky balance in retirement village law reform

Govt faces tricky balance in retirement village law reform
The government will be walking a fine line. (Image: Deposit Photos)
Paul McBeth
The government will have to juggle competing tensions between aggrieved pensioners who feel they’re being taken advantage of against more intense cash demands on retirement village operators racing to build more units. The National-New Zealand First coalition agreed to progress a review of the Retirement Villages Act by the Ministry of Housing and Urban Development to test whether the 20-year-old regime remains fit for purpose.The coalition agreement kept the pension age of eligibility at 65 and included a number of commitments,...

More Policy

First look at NZICC, and SkyCity's hopes for $70m fund
Economy

First look at NZICC, and SkyCity's hopes for $70m fund

SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.

Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.

F&P Healthcare one step closer to new Karaka campus
Policy

F&P Healthcare one step closer to new Karaka campus

Auckland Council has approved a request to rezone nearly 90ha going to hearings.

Oliver Lewis 12 Sep 2025