The Treasury’s worries about housing sector
It warned that to meet its housing targets Kāinga Ora might have to absorb much higher construction costs.
Finance Minister Grant Robertson.
Brent Edwards
Fri, 09 Sep 2022
As recently as May the Treasury was raising concerns about Kāinga Ora’s performance, saying the urban and housing development agency had delivered just 380 net new homes so far in the year or 14% of its annual target of 2700.
The Treasury report, obtained by NBR under the Official Information
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Brent Edwards
Fri, 09 Sep 2022
Contact the Writer: brent@nbr.co.nz
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