Heatley loses Housing

Tuesday 22 January 2013

Housing Minister Phil Heatley was told only this morning that he will be replaced.

Nick Smith is being welcomed back into the fold to take over the housing portfolio from the Whangarei MP.

Smith resigned in the aftermath of the ACC furore.

Heatley said he was disappointed with Prime Minister John Key’s move but accepted it.

He planned to focus on his electorate.

Commentators said he had failed to shine in the portfolio.

Comments from our readers

No comments yet

Sign In / Register to add your comment

Property News

Watch out with regional bargains

Buying property outside of Auckland is an attractive option for those priced out of the city’s market, but investors should think carefully before snapping up regional bargains.

Commercial

Optioning commercial alternatives

Booming commercial property sector could offer alternatives to investors worried about what lies ahead for the residential property market.

Mortgages

Finding solutions to 60% LVRs

The Reserve Bank’s new investor-targeted LVR rules come into effect on 1 October, but there are solutions to the restrictions for investors willing to think laterally.

Site by PHP Developer