Strings attached to new $3.8b housing infrastructure fund

Pattrick Smellie
Tue, 23 Mar 2021

Much of the pressure on inner-city land prices already reflect developers’ desire to buy large sections where existing houses can be demolished and replaced with multiple homes or apartments.
Pattrick Smellie
Tue, 23 Mar 2021
Local councils wanting access to the new $3.8 billion fund for developing ‘build-ready’ land will first have to show commitment to the government’s drive for urban intensification.The fund, announced today as part of the government's housing package, will offer councils funding as grants rather than loans, the first time such a free-handed approach has been taken by central government to local infrastructure “since the 1960s or ‘70s”, according to housing minister Megan Woods.However, to qualify for fundi...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Pet food millionaire snaffles Taupō racetrack
Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive
Market regulator blasts Australian 'culture of leaks'
Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

The traditional office is dying a slow, painful death
Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content
Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Now’s the time to ask hard questions on our future land use

How can we work together to strengthen our economy and support Kiwis to prosper while protecting our natural environment and our climate.