14 Oct 2025
1 year ago
1340 views
Finance Minister Nicola Willis has praised the Reserve Bank's plan to relax lending restrictions, aiming to assist first home buyers in achieving home ownership. The Reserve Bank is considering increasing the limit on new lending to owner-occupiers with less than a 20% deposit to 25%, potentially aiding more first-time buyers. Additionally, the proposal includes raising the amount banks can lend to residential property investors with deposits under 30% from 5% to 10%, following the introduction of debt-to-income restrictions to enhance banking system resilience.
10 Oct 2025
1 year ago
1295 views
The Housing Minister announced that more than 65 new social homes will be built in Canterbury by Community Housing Providers (CHPs) as part of the government's commitment to social housing. These homes are part of over 6,800 net new social homes delivered nationwide since November 2023, with 837 in Canterbury, and funding for an additional 2,000 homes over the next two years. The homes in Canterbury will be located in various suburbs and will primarily consist of one- and two-bedroom units to address the high demand for such properties in the region.
02 Oct 2025
1 year ago
1983 views
The Government and Ngāti Whakaue Tribal Lands Inc are partnering to build 80 affordable rental homes at Manawa Gardens in Rotorua by mid-2027, with a total investment of $45 million. These homes aim to provide housing security for kaumātua, working whānau, and others in need, with rents capped at 80% of market rates for 25 years. This initiative is part of the broader commitment to deliver 400 affordable rental homes for Māori across New Zealand by 2027, aiming to address housing pressures and transition away from emergency motels.
24 Sep 2025
1 year ago
1563 views
Housing Minister Chris Bishop commends the Community Housing Funding Agency (CHFA) for launching $200 million in A+ rated bonds, making cheaper lending available for Community Housing Providers (CHPs) to deliver more social and affordable homes. The social bonds were well received by investors, demonstrating confidence in supporting social and affordable housing in New Zealand. The government is supporting CHPs by funding over 2,000 social homes and backing CHFA with a $150 million lending facility to help reduce borrowing costs and enable the delivery of more homes for less.
23 Sep 2025
1 year ago
1389 views
The largest Defence housing project in decades has begun, providing modern homes for military families and generating job growth in regional communities, as announced by Associate Defence Minister Chris Penk. The initiative aims to replace outdated homes at various NZDF camps and bases with modern two- and three-bedroom houses to support the wellbeing of military families. The Government plans to invest up to $600 million in the Homes for Families program, with construction already underway at several locations and future projects in the pipeline to improve housing for Defence personnel.
05 Sep 2025
1 year ago
1675 views
The Government is taking immediate actions to address homelessness in New Zealand, focusing on expanding support for rough sleepers and providing more social housing options. These actions include funding additional social homes for the Housing First program, increasing support services for rough sleepers, improving the efficiency of transitional housing, redirecting beneficiaries' income to contribute to accommodation costs, and encouraging greater discretion in assessing emergency housing applications. The aim is to deliver the right homes, in the right places, with the right supports for rough sleepers and address the root causes of homelessness in the country.
15 Aug 2025
1 year ago
1617 views
The New Zealand Government is introducing a new offence to address disruptive demonstrations outside private homes, particularly those targeting public figures like MPs and judges. The legislation aims to protect individuals and their families' peace and privacy while balancing the public's right to demonstrate reasonably. The new law will target demonstrations directed at individuals in their homes with penalties of up to three months in jail or a $2,000 fine.
05 Aug 2025
1 year ago
1835 views
Regulation Minister David Seymour and Building and Construction Minister Chris Penk announce changes to reduce red tape for homeowners building garden sheds, sleepouts, or garages by the end of the year. Cabinet has agreed to remove minimum distance requirements and reduce setback distances for single-storey buildings, making it easier and cheaper for property owners to build structures. The changes aim to address frustrations with regulations, improve affordability, and allow homeowners more freedom to utilize their property without the need for building consent, with expectations for implementation by late 2025.
31 Jul 2025
1 year ago
3449 views
Starting from 1 September, vintage light vehicles and private heavy motorhomes in New Zealand will transition from six-monthly to annual vehicle inspections, as announced by Transport Minister Chris Bishop. This change aims to reduce bureaucracy for the approximately 128,000 vintage vehicles and 39,000 private motorhomes registered in the country, as these vehicles are less likely to have faults contributing to serious crashes compared to modern cars. Public support for this change was overwhelmingly positive, with 89% in favor of annual inspections for private heavy motorhomes and 98% for vintage light vehicles.
23 Jul 2025
1 year ago
2242 views
The Government released the latest Homelessness Insights Report, addressing the issue of homelessness in New Zealand and the increasing numbers of people without shelter. Housing Minister Chris Bishop and Associate Housing Minister Tama Potaka emphasized the need for targeted interventions and support services to combat homelessness, highlighting the complexity of the issue and the importance of engaging with frontline organizations. The Government is committed to long-term solutions, including reforms in the housing market, infrastructure funding, and social housing systems to address the root causes of homelessness and provide stable housing for all New Zealanders.
03 Jul 2025
1 year ago
2384 views
Overly rigid insulation rules are being removed to ease costs for designers, builders and homeowners, Building and Construction Minister Chris Penk has announced. “I’ve heard clearly from the industry that the current one-size-fits-all approach to insulation requirements is needlessly driving-up costs. “The most prescriptive compliance pathway currently available for insulation – known as the Schedule Method – doesn’t allow for design trade-offs that can affect a home’s energy efficiency, like adjusting window size.