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28 Oct 2025 11:42
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  •   Home > News > Politics

    A construction analyst claims Kainga Ora paid three times the market price for a dozen Canterbury units

    A construction analyst claims Kainga Ora paid three times the market price for a dozen Canterbury units


    The Government's reviewing state housing stock - taking aim at its pricing.

    Its review has found Kainga Ora paid about 12-percent more for building houses, when compared to the market.

    Construction sector advisor Mike Blackburn says 12 units in Burnside were given the consented price of more than 8500 dollars per square metre last year.

    He says the median consented value in Canterbury is 2800 dollars a square metre.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    A brief insight into the Barbarians squad from New Zealand development XV fullback Jacob Ratumaitavuki-Kneepkens ahead of Sunday's opening game of their three-match tour 11:17

    Entertainment:
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    Politics:
    Chris Hipkins says a Capital Gains Tax is an important change for New Zealand 11:07

    Entertainment:
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    Law and Order:
    Convicted murderer Mark Lundy's appearing before the Parole Board today, for an update on how he's coping with life on the outside 10:47

    National:
    ICJ tells Israel to let UN aid flow into Gaza – but UN’s own failures throughout the war loom large 10:37

    Rugby:
    All Blacks coach Scott Robertson is downplaying any rustiness from Ireland for Sunday's test in Chicago 10:27


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