The coalition Government has today introduced legislation to slash the tangle of red and green tape throttling some of New Zealand’s key sectors, including farming, mining and other primary industries. RMA Reform Minister Chris Bishop says the Government is committed to  unlocking development and investment while ensuring the environment is protected.  “Resource Management (RM) Bill … Read more

Charter schools’ lack of transparency and accountability seriously concerning

PPTA

The performance measures, objectives and key accountabilities, curriculum performance standards and minimum number of roles to be held by qualified teachers will all be contained in charter schools’ contracts which are not required to be available to school communities or the public.  “The lack of transparency is extremely concerning,” says Chris Abercrombie, PPTA Te Wehengarua … Read more

Reserve Bank sticks firmly to the script

Corelogic

Chief Property Economist Kelvin Davidson unpacks the May cash rate decision and Monetary Policy Statement, and what it means for the housing market. Today’s decision by the Reserve Bank of New Zealand (RBNZ) to leave the official cash rate (OCR) unchanged at 5.5% was no surprise. As also expected, the general position of their economic … Read more

Politics

Government invests in 1,500 more social homes

NZ Government

The coalition Government is investing in social housing for New Zealanders who are most in need of a warm dry home, Housing Minister Chris Bishop says. Budget 2024 will allocate $140 million in new funding for 1,500 new social housing places to be provided by Community Housing Providers (CHPs), not Kāinga Ora, thanks to savings … Read more

Politics

$24 million boost for Gumboot Friday

NZ Government

Thousands more young New Zealanders will have better access to mental health services as the Government delivers on its commitment to fund the Gumboot Friday initiative, says Deputy Prime Minister Winston Peters and Mental Health Minister Matt Doocey.  “Budget 2024 will provide $24 million over four years to contract the I Am Hope Foundation to … Read more

Business

‘Movers’ could be a group to watch

Corelogic

The surge in available listings in New Zealand’s residential housing market is reshaping buyer options, with relocating owner-occupiers (movers) showing early signs of a comeback. Figures from CoreLogic NZ’s May Housing Chart Pack reveal the share of property purchases by movers edged up to 27% in April from 26% in Q1 2024. The CoreLogic Buyer … Read more