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18 Dec 2025 13:26
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  •   Home > News > Business

    The first of many changes needed to solve the housing  crisis

    The first of many changes needed to solve the housing crisis


    Housing Minister Megan Woods has announced plans to build eight thousand new homes - possibly the largest public build in decades.

    The Real Estate Institute boss, Bindi Norwell, says house prices are outstripping wage increases -- and the next step is to focus on affordable housing.

    She says more and more attention is going to how unaffordable housing is in New Zealand -- and it's time for the Government to act.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     18 Dec: New Zealand's economy grew more than expected between July and September
     18 Dec: New Zealand's economy is officially in rebound
     18 Dec: Major banks are pointing to a lift in activity across the economy - to result in an upswing in GDP growth for the third quarter and beyond
     18 Dec: Several of the major banks expect a significant bounce back in GDP for Q3 when Stats NZ releases its economic figures later this morning
     18 Dec: More banks are hiking interest rates
     18 Dec: One of the major banks is predicting some of the best quarterly GDP figures in years
     17 Dec: Horticulture NZ's emphasising the importance of backing growers - as exports climb to record levels
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     Today's News

    Entertainment:
    Bonnie Blue is set to be deported from Bali and banned from the island for a decade 13:20

    National:
    What is the BRICS ‘UNIT’ – and could it really challenge the US dollar? 13:07

    Politics:
    Netball New Zealand's boss has stepped down, after a troubling year for the sport 13:07

    Entertainment:
    Sydney Sweeney has confirmed her "boobs [are] real" 12:50

    Law and Order:
    A bungled West Auckland burglary's landed a man in court today - after his getaway car got stuck in the mud 12:27

    Entertainment:
    James L. Brooks is "sure" Jack Nicholson will work again 12:20

    Politics:
    An infamous use of the c-word is back in the headlines - earning Quote of the Year 11:57

    Business:
    New Zealand's economy grew more than expected between July and September 11:57

    Entertainment:
    David Letterman is relieved not to be hosting a late-night talk show anymore 11:50

    Entertainment:
    Taylor Swift broke down in tears about the tragedies that impacted her Eras Tour 11:20


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