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Construction worker

The pretentious nonsense that is KiwiBuild

KiwiBuild – the government programme to build or deliver 100,000 homes in 10 years – serves no useful public interest purpose and promises to endlessly distract and embarrass the government. That is the signal conclusion of KiwiBuild: Twyford’s Tar Baby, a research note released this week by The New Zealand Initiative. The programme does not directly help those on low incomes; only the relatively well-off can afford KiwiBuild homes. To subsidise such people would be unfair. Read more

Dr Bryce Wilkinson
Insights Newsletter
25 January, 2019

Media release: Decisive action on red tape – not KiwiBuild – is the answer to New Zealand’s housing affordability problem

Wellington (22 January 2019): Decisive government action to free up the supply of land for housing and to reduce construction costs across the board is the only viable remedy for New Zealand’s housing affordability problem.KiwiBuild – the government programme to build or deliver 100,000 homes in 10 years ­– is a massive distraction from fixing the housing problem, according to a new research report, KiwiBuild: Twyford’s Tar Baby, released today by The New Zealand Initiative.“The simple fact is that government... Read more

Media release
22 January, 2019
House sale3

Having and eating your housing cake

If house prices go up, it is a scandal. If house prices go down, it is a disaster. That must be the logic by which the media reports on the ups and downs of the property market. After years of covering the housing crisis, in which rising prices locked a generation of young Kiwis out of the market, the media have just discovered an equal and opposite crisis. This time it is caused by the threat of falling house prices. Read more

Dr Oliver Hartwich
Insights Newsletter
30 November, 2018
Housing money2

Financial innovation beats Kiwibuild

The Government has copped much criticism lately for its Kiwibuild policy, including from our chair Roger Partridge writing in Insights two weeks ago. So it is only fair to praise Housing Minister Phil Twyford when he deserves it. This week’s announcement of a new government infrastructure partnership north of Auckland is indeed praiseworthy. Crown Infrastructure Partners, Fulton Hogan, and Auckland Council have teamed up to deliver $91 million worth of new residential infrastructure at Wainui. Read more

Dr Oliver Hartwich
Insights Newsletter
16 November, 2018

KiwiBuild lottery will not restore the great Kiwi dream

Auckland’s first KiwiBuild winners could hardly keep the smiles off their faces. And who could blame them? Yet there is a flaw at the heart of Housing Minister Phil Twyford’s KiwiBuild policy. At around seven times Auckland’s median household incomes, no one can seriously argue that a house costing $650,000 is affordable. On internationally recognised measures, KiwiBuild houses would need to be sold at a 50% discount to meet the affordability tag. Read more

Roger Partridge
Insights Newsletter
2 November, 2018

How to get politics close to the people?

The only two certainties in life are death and taxes. So goes the quote attributed to American politician Benjamin Franklin (or Christopher Bullock or Edward Ward, depending on which source you trust most). But whoever said it – it is still true. Taxes are a certainty. But how they are collected and spent is not. This is what this piece is about. I shall focus on the institutional aspect of this topic: What system ensures governments are spending on what... Read more

Natanael Rother
Insights Newsletter
7 September, 2018

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