Housing
Morning Report Essentials for 2nd July
On today's episode, Kainga Ora is losing its chief executive and most of its board as the government's plans for social housing remain unclear, state housing advocates believe more people will be… Audio
Granny flat rule changes: The gritty detail, explained
What exactly is being proposed, and how easy will it actually be to build a self-contained dwelling in the backyard? University of Auckland's Bill McKay has the answers. Audio
Kāinga Ora chair at odds with Luxon after chief quits
Its boss has made "an enormous difference" despite the prime minister's claim the agency is underperforming, the new chair says. Audio
More consumers fall behind on mortgage, credit card payments
More consumers are falling behind on their mortgage and credit card payments as arrears climb higher. The latest report from Centrix shows 470,000 people were behind on their payments in May which… Audio
Advocates fear homelessness rise as KO undergoes changes
State housing advocates believe more people will become homeless, living on the street and in garages, as a result of the government's neutering of Kainga Ora. Five board members are going, and the… Audio
Kainga Ora CEO steps down amid government overhaul
Public housing agency Kainga Ora's woes seem set to continue with chief executive Andrew McKenzie stepping down over the government's overhaul. Prime Minister Christoper Luxon spoke to Ingrid Hipkiss.
…House prices need to fall 'a further 16%' to become affordable
Chris Bishop wants them lower. Christopher Luxon wants "downward pressure". But one forecaster says we are still a long way from affordable.
KO loses CEO and board amid unclear government housing plans.
State housing provider and developer Kainga Ora is losing its chief executive and most of its board, as the government's plans for social housing remain unclear. The chief executive, Andrew McKenzie… Audio
Kāinga Ora CEO Andrew McKenzie quits over govt changes
The social housing boss is stepping down because an overhaul of the organisation is not what he signed up for.
Midday Report Essentials for 1 July 2024
On today's episode, the head of a Wairoa iwi trust says the town's housing need is greater than ever, with increased mental distress following another stint of heavy rain and flooding last week. The… Audio
Wairoa facing severe housing shortage after floods
The head of a Wairoa iwi trust says the town's housing need is greater than ever, with increased mental distress following another stint of heavy rain and flooding last week. The chief executive of… Audio
Granny flat rule changes: the gritty detail explained
The Government is planning to liberalise granny flat rules, promising people will be able to get one built without resource consents. Audio
City mission apartments not to blame for crime - residents
Those living at the apartments say it's their second chance after being homeless, and "you can't do a witch hunt."
Auckland City Mission residents deny blame for anti-social behaviour
Residents of an apartment building run by Auckland City Mission say anti-social behaviour in the area shouldn't be blamed on them. The apartments are on a side street in the city's red light district… Audio
Renters skeptical, landlords hopeful on tax change impact
Renters' advocates think bright-line tax changes will do nothing to decrease the cost of rent; while landlords think it'll encourage investors to buy more rentals. From today, the bright-line tax… Audio
First-home buyers hit hardest by new debt-to-income ratios
First-home buyers are expected to be hit hardest by new debt-to-income ratios, and the restoration of mortgage interest deductibility for property investors. The new ratios allow owner-occupiers to… Audio
'I'll sue you': Trespassed realtor threatened to sue tenant
When a foreign affairs staffer heard that Saudi Arabian officials were going to view his rented apartment he had his landlord trespassed after she refused to recognise his security concerns.
Property market: House prices expected to bounce back faster
Analysis - House price forecasts are currently low, but some banks are predicting a faster bounce back when it happens.
Auckland sees surge in new homes being built, though prices remain expensive
New homes built outpaced population growth for the first time in decades, Census data shows.
'Significant falls' in interest rates may lie ahead - ANZ
The country's biggest bank says a six-month fix could prove the cheapest option.
