Property

Adams to take the lead on housing

There’s a new housing minister on the block as the Prime Minister gives Social Investment minister Amy Adams broader portfolio responsibilities in a mini Cabinet reshuffle.

Monday, April 24th 2017

Prime Minister Bill English today announced changes to the ministerial responsibilities for housing as part of a Cabinet revamp prompted by Hekia Parata and Murray McCully’s decisions to stand down from parliament.

English disestablished the Housing Minister position last year, but kept on Nick Smith as Building and Construction Minister.

But now he has shifted responsibility for the Crown land building programme from Smith to Adams.

As Social Investment Minister, Adams was already responsible for Housing New Zealand as well some aspects of social and emergency housing.

She will now be responsible for all aspects of social and emergency housing, as well as taking the lead in the government’s overall house building programme – including developments on Crown Land.

Smith, who has copped a lot of criticism from Opposition for his handling of the housing portfolio, will continue to oversee building regulation, including planning, minimum codes and building sector productivity issues.

English told media Smith was not being removed from housing issues and that regulation for the whole housing portfolio remains with him.

But English said he had taken the opportunity to consolidate all building programmes under one minister.

According to sources, National is preparing to announce a large government house building programme, focusing on Auckland, in the next few months.

The Labour Party has been campaigning on its KiwiBuild policy, which would build 100,000 affordable, starter homes and units and sell them to first homebuyers at cost, for some time.

Read more:

Private sales part of HNZ build plan

All go for Crown land developments

 

Comments

No comments yet

Most Read

SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.29
Co-operative Bank - First Home Special 4.85
China Construction Bank 4.85
ICBC 4.85
TSB Special 4.89
Kiwibank Special 4.89
ASB Bank 4.89
Westpac Special 4.89
BNZ - Std 4.89
AIA - Go Home Loans 4.89
Nelson Building Society 4.93
ICBC 4.95
SBS Bank Special 4.95
China Construction Bank 4.95
Wairarapa Building Society 4.95
TSB Special 4.95
ANZ Special 4.95
ASB Bank 4.95
Kainga Ora 4.95
Westpac Special 4.95
AIA - Go Home Loans 4.95
SBS Bank Special 5.39
Westpac Special 5.39
ICBC 5.39
Co-operative Bank - Owner Occ 5.59
BNZ - Std 5.59
BNZ - Classic 5.59
AIA - Go Home Loans 5.59
ASB Bank 5.59
Kainga Ora 5.69
Kiwibank Special 5.79
ANZ 5.79
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Owner Occ 5.95
Co-operative Bank - Standard 5.95
Heartland Bank - Online 5.99
Pepper Money Prime 6.29
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
ASB Bank 6.44

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.