Misc

Minister withholds affordable housing policy information

The Property Council has asked the Ombudsman to investigate Housing Minister Chris Carter’s decision not to release information about possible government proposals to introduce an affordable housing development contribution scheme.

Thursday, July 05th 2007

Connal Townsend, chief executive of the Property Council, says, “Mr Carter has repeatedly made public statements proclaiming the benefits of requiring developers to allocate a portion of residential developments to ‘affordable housing’. So it is only right that he provides information about his policy intentions”.

“Development contributions are already driving up the cost of residential properties. The Auckland City Council’s development contributions policy alone will mean its new homeowner levy on CBD apartments will increase from around $7,000 to over $40,000.”

The Property Council’s complaint is based on the principle that Carter is not entitled to withhold information about a public policy issue that he is discussing in the public domain.

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Heartland Bank - Online	6.69
SBS FirstHome Combo	6.74
Wairarapa Building Society	6.95
Unity	6.99
Co-operative Bank - First Home Special	7.04
ICBC	7.05
China Construction Bank	7.09
BNZ - Classic	7.24
ASB Bank	7.24
ANZ Special	7.24
TSB Special	7.24

Unity First Home Buyer special	6.45
Heartland Bank - Online	6.45
SBS Bank Special	6.69
TSB Special	6.75
Westpac Special	6.75
China Construction Bank	6.75
ICBC	6.75
AIA - Go Home Loans	6.75
ASB Bank	6.75
Unity	6.79
Co-operative Bank - Owner Occ	6.79

SBS Bank Special	6.19
ASB Bank	6.39
Westpac Special	6.39
AIA - Go Home Loans	6.39
China Construction Bank	6.40
ICBC	6.49
Kiwibank Special	6.55
BNZ - Classic	6.55
Co-operative Bank - Owner Occ	6.55
TSB Special	6.59
SBS Bank	6.79

SBS FirstHome Combo	6.19
AIA - Back My Build	6.19
ANZ Blueprint to Build	7.39
Credit Union Auckland	7.70
ICBC	7.85
Heartland Bank - Online	7.99
Pepper Money Essential	8.29
Co-operative Bank - Owner Occ	8.40
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First Credit Union Standard	8.50
Kiwibank	8.50