Woods splashes out $1.4b for Auckland housing upgrades

Woods splashes out $1.4b for Auckland housing upgrades
"Potential for another 11,000 private homes," Woods says (Image: BusinessDesk)
Staff reporters
The government will spend $1.4 billion on land decontamination, transport and water upgrades across five Auckland suburbs, enabling 16,000 new homes to be built on 245 hectares of crown-owned land.  The suburbs – Mt Roskill, Mangere, Northcote, Oranga near Onehunga and the small eastern suburb of Tāmaki – will see a combined 400 projects underway under the umbrella of the government’s $3.8b housing acceleration fund (HAF).That fund, announced in March last year, has allocated a further $1b for a contestable infrastructure...

More Policy

'Stealing homework': govt and opposition butt heads over insurance reform
Policy

'Stealing homework': govt and opposition butt heads over insurance reform

There are two insurance reform bills, but there can only be one winner.  

EV sales plummet after 'ute tax' axed
Policy

EV sales plummet after 'ute tax' axed

Economic conditions are also impacting new car sales, MIA says.

Giving bureaucratic sludge the nudge
Policy

Giving bureaucratic sludge the nudge

We’ve been a little slow to jump on the behavioural bandwagon.

UK real estate: We need to talk about capital gains taxes
Policy Opinion

UK real estate: We need to talk about capital gains taxes

The government levy is ineffective and driving up rents on property.

Bloomberg 04 May 2024