Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Housing NZ funding crisis due to govt’s incompetence

Housing NZ funding crisis due to govt’s "complete incompetence", PSA says

The gpvernment must urgently commit to a total rethink of its housing policy, the PSA says - after Treasury officials admitted Housing New Zealand will run out of cash in just over 3 months’ time.

Treasury officials warned Mr English that Housing NZ would run out of money by February next year, and the organisation could require a completely new funding model.

Officials say the rent collected from state houses was not enough to cover tenants’ needs, and Housing NZ will struggle to increase its housing supply in areas of highest need.

"This represents appalling mismanagement by the government, and should be of grave concern to all New Zealanders," PSA National Secretary Glenn Barclay says.

"This situation will be desperately worrying to people living in state housing - who can’t now be sure if broken windows, leaking roofs or electrical faults will ever be fixed.

"This is either a deliberate strategy by the government to run down the value of its assets before privatising them - or complete incompetence in managing a core public service."

The transfer of 2800 state houses to the Tamaki Regeneration Company had contributed to the funding crisis because $34 million in rent was now going elsewhere, Mr Barclay says.

"Housing NZ’s dire financial situation makes a mockery of the government’s claims it’s providing Better Public Services to New Zealanders.

"Any Kiwi household that managed its books like this would have the bailiffs at the door.

"Our members are doing the best they can to help vulnerable families, but they can’t do their job properly in these crisis conditions.

"We call on the government to immediately guarantee Housing NZ sufficient funding to cover all its tenants’ needs - and to commit to a total rethink of its housing policy.

"National’s Social Housing Reform Programme has clearly failed, and New Zealand’s most vulnerable people must not be left struggling."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Erebus Memorial In Parnell

Social media can be a wonderful tool for bringing people together in a common cause. It can also be a seedbed and spreader of mis-information on a community-wide scale. To which category do the protests against the siting of an Erebus memorial (to the 257 New Zealanders who died in that tragedy) in a secluded corner of a Parnell park happen to belong? IMO, it is clearly the latter, and the reasons for thinking so are explained below... More>>


Agriculture: Government To Phase Out Live Exports By Sea

The Government has announced that the export of livestock by sea will cease following a transition period of up to two years, said Agriculture Minister Damien O’Connor. “At the heart of our decision is upholding New Zealand’s reputation for high ... More>>


Norman Gemmell: New Zealand’s New Housing Policy Is Really Just A New Tax Package — And It’s A Shambles

Norman Gemmell , Te Herenga Waka — Victoria University of Wellington Economists like to talk about “optimal policy instruments” — essentially, policies that achieve their objectives more effectively or efficiently than the alternatives, and ... More>>

Climate Change: Emissions Report Shows Urgent Action Needed

Every part of Government will need to take urgent action to bring down emissions, the Minister for Climate Change, James Shaw said today in response to the recent rise in New Zealand’s greenhouse emissions. The latest annual inventory of New ... More>>


Claire Breen: ACC’s Policy Of Not Covering Birth Injuries Is One More Sign The System Is Overdue For Reform

Claire Breen , University of Waikato Recent media coverage of women not being able to get treatment for birth injuries highlights yet another example of gender bias in healthcare in New Zealand. More>>

Police: Police Accept Findings Of IPCA Report Into Photographs Taken At Checkpoint

Police accept the findings of a report by the Independent Police Conduct Authority (IPCA) relating to photographs taken at a checkpoint in Northland. On November 16, 2019, Police set up a checkpoint down the road from a fight night event in Ruakaka ... More>>


Health: Drug-Testing Law To Be Made Permanent

Interim legislation that is already proving to keep people safer from drugs will be made permanent, Health Minister Andrew Little says. More>>




InfoPages News Channels