Parliament

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

 

KiwiBuild - Tell him ‘he’s dreaming’

KiwiBuild - Tell him ‘he’s dreaming’

Even Housing Minister Phil Twyford has low expectations of his own KiwiBuild programme, National’s Housing spokesperson Judith Collins says.

“In Opposition Mr Twyford claimed that he would build 100,000 homes for just $2 billion.

“That is a ratio of just $20,000 a house. The only way $2 billion can fund 100,000 houses is if money gets recycled back into the fund as houses are sold.

“In Parliament today Mr Twyford said he only expected projects to ‘wash their own face’ – which means the $2 billion would need to completely recycled every three months in order to deliver 100,000 houses in 10 years.

“That means there is just a three month time frame covering investment, building and settlement.

“That is so unrealistic it is clear that KiwiBuild is a KiwiFail. Tell him he’s dreaming.

“Meanwhile, Hobsonville Land Company chief executive Chris Aiken said the cost of the Mt Roskill Redevelopment project alone would be $4 billion, and will eventually break even.

“It is highly likely taxpayers will be asked for more money, or the KiwiBuild target will be missed, most likely both.

“Mr Twyford is dreaming if he thinks he can deliver 100,000 homes for $2 billion when one housing development for 10,000 homes will cost $4 billion.

“That is so far from believable, it’s laughable.”

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Tax Working Group’s Road Map

Trying to analyse the interim report on the Tax Working Group (TWG) is like trying to review an entire All Blacks game, but at the half- time mark.

With so much still to be finalised, Sir Michael Cullen and his colleagues are going to need all the All Blacks’ fabled finishing skills to get a coherent, fiscally neutral package together by the February 2019 deadline. More>>

 

Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>

ALSO:

Suffrage 125: NZ A Trailblazer For Women

“We acknowledge the work of Kate Sheppard, Meri Te Tai Mangakāhia, and all of the suffragists who tirelessly campaigned for the vote… Today we also need to ask each other: how we can continue to make our country a fairer and better place to continue the legacy of the suffragists.” More>>

ALSO:

Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels