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


Ngai tahu right on rip off building costs

Ngai tahu right on rip off building costs

Ngai Tahu Properties CEO Tony Sewell is right when he says Kiwis are being ripped off by inflated prices for building materials, Labour’s housing spokesperson Phil Twyford says.

“The cost of housing is one of the major issues facing New Zealanders and they’ll be outraged by this latest news.

“Tony Sewell says he found US suppliers selling treated timber at a quarter of the price paid in New Zealand. He is right. You can walk into Home Depot in California and pay $NZ 1.91 a metre for prime pressure-treated pine ‘4x2’ which is roughly a quarter of what we pay in New Zealand.

“Mr Sewell says a lack of competition is behind the high prices Kiwis are paying for building materials.

“Fixing this rort is one of the things that will bring down the cost of housing.

“Building materials account for about a half of the cost of a new house, and we are paying substantially more than consumers in Australia or the United States.

“There is something seriously wrong here. You cannot tell me that the US is four times more efficient than we are at growing trees.

“The Government has been talking about this issue for three years now, but still hasn’t made a decision according to Ministers.

“Labour’s Kiwibuild policy, with 10,000 homes built each year, will open the door to bulk buying of building materials that will drive down prices. Add this to independent research recently released by Prefab NZ that estimates offsite manufacturing can knock $32,000 off the cost of a new home.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Key In NY: Prime Minister Addresses United Nations

Prime Minister John Key has addressed the United Nations General Assembly in New York, focusing on a call for action in Syria and on other conflicts, reform of the veto process and on the UN’s Sustainable Development Goals. More>>.


Gordon Campbell: On The Lack Of Accountability Over Philip Smith

In New Zealand, accountability is an exotic creature rarely glimpsed at ministerial level, or among senior management. The flight to Rio by the paedophile /murderer Philip John Smith/Traynor is no exception. More>>


More On Corrections

Gordon Campbell: On Putin’s Diplomatic Coup Over Syria

There’s a simple historical precedent for what is occurring in Syria. During WWII, the Allies joined forces with a known butcher and tyrant – Joseph Stalin of the Soviet Union – in order to defeat a greater evil, Nazi Germany… More>>


Key 'Didn't Know': Brownlee Seeks Pandas In China

While Defence Minister Gerry Brownlee is in China pushing a taxpayer funded deal to bring two pandas to New Zealand, the country’s military look set to be hit with a pay freeze, Opposition Leader Andrew Little says. More>>


Scoop Business: GCSB Willing To Extend Cyber-Attack Programme To Local ISPs

The Government Communications Security Bureau’s ‘Cortex’ cyber-security programme has been successful in helping identify and mitigate a series of cyber attacks since its introduction and an extension to cover local internet service providers is still on the cards... More>>


Gordon Campbell: On The Chris Brown Furore

Thank goodness Dame Tariana Turia has been able to inject a bit of common sense into the Chris Brown visa issue – her argument being that forgiveness has a place in this decision, and there is an opportunity here that should be taken... More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news