Housing
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.
Street almost competely levelled after flooding
Nearly all the houses of a South Auckland street have been bulldozed after last year's flooding.
Another major bank scales back house price forecast
The Reserve Bank's "tough love" is having an impact on the market, Westpac says.
Russia hits infrastructure across Ukraine
Russia targets Ukraine's power infrastructure in heavy drone and missile attacks - Anita Purcell-Sjölund has the details Audio
Property market: Rents dropping, housing stock on the rise
Analysis - Rents are dropping and more houses are available. But how soon before bright-line test changes have an impact? Audio
Waipā medium-density housing should not be 'like Auckland and Wellington' - mayor
Waipā District Council says it has been denied an extension to slow the introduction of medium-density housing to its three main towns.
Govt announces review into earthquake-prone building system
The government has announced an "extensive" review into the management of risk within the country's earthquake-prone building system. Building and Contruction Minister Chris Penk says a steering group… Audio
Residents demand council throw out report on sea level rise
Homeowners are worried insurance companies will use the report as an excuse to refuse to cover their homes.
