The viability over the Government's KiwiBuild scheme has been called into question by the building industry, which says there is just no capacity to do it.
Housing was a big winner on Budget day, although not as big as Minister Phil Twyford had hoped, Thomas Coughlan reports.
6400 state homes will be built over the next four years, equating to 1600 builds a year. Housing Minister Phil Twyford trumpeted the numbers, saying they exceeded the Government’s earlier commitment to build at least 1000 state houses each year.
Bottlenecks in the booming construction industry see weak growth in residential house-building over the next 12 months and have forced the Treasury to halve its forecast rate of progress on the government’s KiwiBuild affordable housing policy.
The news that mattered this morning
In today's email we looked into the detail of the first big KiwiBuild project, announced over the weekend by Jacinda Ardern and Housing Minister Phil Twyford.
In today's email we previewed the report into the housing crisis due out this morning.
In today's email we detailed the latest in politics and the economy, including Jacinda Ardern's meeting with the Australian PM.
In today's email we look at the changes ahead for Auckland's transport and housing under a new Government.
In today's email we look at what might be in tomorrow's Budget, and we watch the continuing debate over house building in Auckland.