Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Residential construction costs to be scrutinised

Hon Dr Nick Smith
Minister of Housing

Hon Craig Foss
Minister of Commerce


11 May 2013


Residential construction costs to be scrutinised

A market study into residential construction costs has been released today for public input by the Government.

“The costs of building a house in New Zealand are too high as identified by the Productivity Commission’s report. This issues paper and market study is about identifying why some house construction costs are as much as 30 per cent more expensive than Australia and how we can get costs down,” Housing Minister Dr Nick Smith said.

Commerce Minister Craig Foss said the issues paper is primarily focused on improving competition and productivity.

“The competition work focuses on potential barriers to effective competition within the building materials and services market, while the productivity work focusses on factors to improve the overall productivity of the residential construction sector,” Mr Foss said.

The Ministers said the issues paper will help inform the first steps of the market level study by the Ministry for Business, Innovation and Employment and the Commerce Commission. The Ministers are due to report back to Cabinet later this year on proposed solutions to the problem.

“There is no single silver bullet to making New Zealand housing more affordable. This work builds on the Auckland Housing Accord, in which a commitment was made to examine materials and construction costs. We need to address all of the issues from land, infrastructure, materials, labour, and compliance costs if we are to achieve our goal of more affordable housing.

Submissions on the Residential Construction Sector Market Study issues paper close on 10 June 2013.
ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

22/2: Christchurch Quake Memorial To Be Unveiled

A city, a region, a nation and an international community impacted by the Canterbury Earthquakes will come together tomorrow to mark the sixth anniversary of the deadly quake and dedicate Oi Manawa Canterbury Earthquake National Memorial.

The Canterbury Earthquake National Memorial Dedication and Civic Memorial Service starts at 12 noon tomorrow, February 22, at the Memorial site on the Ōtākaro/Avon River, in the area bordered by the Montreal Street Bridge, Durham Street, and Cambridge and Oxford Terraces. More>>

 

Gordon Campbell: On The Mana-Maori Party Deal

If the self-interest involved wasn’t so blatant, the electorate deal between the Maori Party and Hone Harawira would be kind of poignant. It’s a bit like seeing the remaining members of Guns’n’Roses or the Eagles back on the road touring the nostalgia circuit… playing all the old hits of Maori unity and kaupapa Maori politics. More>>

ALSO:

Private Provision: First Social Bond To Focus On Mental Health

New Zealand’s first social bond will help around 1700 people with mental illness into work, Finance Minister Steven Joyce and Social Investment Minister Amy Adams say. More>>

ALSO:

Megaupload Case: High Court Rules Dotcom, Co-Accused Eligible For Extradion

Internet entrepreneur Kim Dotcom and his three co-accused are eligible for extradition to the United States, New Zealand's High Court ruled... Justice Murray Gilbert upheld a decision by the District Court that there were grounds for Dotcom, Mathias Ortmann, Bram van der Kolk and Finn Batato to be extradited. More>>

ALSO:

PREVIOUSLY:

Immigration: Short Reprieve For Nine Indian Students

A temporary hold on deportations of nine Indian students is a step in the right direction but the Government urgently needs to implement safeguards to stop further injustices to more international students, the Green Party says. More>>

EARLIER:

Port Hills Fire: Midday Update, Monday 20 February

• 9 homes destroyed
• 2 homes with partial damage. Damage includes things like cracked windows, heat damage.
• 3 properties with damage to other external structures e.g sheds or outbuildings More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news