Tag Archives: Housing

The government is aiming to cool housing inflation, seen as a threat to New Zealand’s financial stability, while speeding up consents as part of a plan to encourage construction of 39,000 new homes in Auckland. Housing Minister Nick Smith’s special housing area proposal, where central government would buddy up with local authorities to unlock land supply, will remove certainty for …

New Zealand house prices eased from a record last month while the volume of sales had a seasonal dip compared to December, according to the Real Estate Institute. The national median house price fell 4.9 percent in January from December to $370,000 and was 4.2 percent higher than in January 2012. The median price in Auckland rose 8.1 percent from …

Newly appointed Housing Minister Nick Smith has wasted no time on returning to Cabinet with the announcement of a fundamental review of the way local governments charge developers for infrastructure like roading, drainage and water. how to start a home based business The growth in so-called “development charges” by councils was identified as one of several reasons for too many …

By Pam Graham Reserve Bank governor Graeme Wheeler has tax and regulation reforms on his wish-list to foster local savings and investment, saying they would help improve the nation’s economy. In his first public speech of the year, Wheeler told the Canterbury Employers’ Chamber of Commerce the first way to lift the country’s economic performance is through raising savings and …

The government will intervene to free up land for housing unless local governments, especially Auckland, plan to do so themselves, Prime Minister John Key said today in his state of the nation speech in Auckland. “We want to work co-operatively with local councils and I believe our goals in the end are the same,” said Key. “In particular we are …