web analytics

Let it Be

Written By: - Date published: 8:44 am, December 12th, 2018 - 56 comments
Categories: class war, Economy, housing, infrastructure, labour, phil twyford, poverty, tenants' rights, workers' rights - Tags: ,

Rejoice! The Labour led Government has just removed a completely unfair tax on accommodation renters, ending the practice of rental firms ripping off tenants by charging a bogus upfront ‘letting’ fee. No doubt the Taxpayers Onion will be overjoyed.

Until today, most property management firms charged new tenants a fee for, er, doing nothing. The letting fee, usually equivalent to a weeks rent, was simply a tax on the vulnerable and powerless, levied out of greed.

Tenants already struggling to find bond in advance, usually before any previous bond was returned, will be relieved that the financial burden has been lessened. It is possible that some rents will increase to cover the supposed loss to the agents, however that is still preferable to paying upfront for a non existent service.

Renters United spokesperson Robert Whitaker is in favour:

“The first thing is, they can actually compare apples with apples in the rental market and not have to worry about letting fees being piled on top of all of their other moving costs.”.

Barfoot and Thompson director Kiri Barfoot says they run a business and provide a service, and it doesn’t worry them who pays for it.

“There are costs to find tenants for a property and someone has to pay for it, so if we can’t charge the tenants, landlords will be looking to pay.”

Which raises an interesting legal question. If the tenants pay for this service, doesn’t that establish a commercial relationship between the agent and the tenant? Doesn’t it follow that the agent has an immediate conflict of interest, because they are clipping the ticket both ways?

Minister Phil Twyford’s is upbeat about the change:

“The previous way that these letting fees were handled was totally unfair to tenants. They were hit with one week’s rent plus GST at the very time they could least afford it. When they were having to pay rent in advance and bond and all the costs of moving.”

Minister Twyford doesn’t think tenants will end up paying more.

“Landlords are already charging as much as they can within supply and demand. So it’s not at all clear that because the small minority of landlords who use property managers want to pass on those fees through rent, it’s not at all clear that they’ll be able to.”

The Misery Party’s Judith Collins cheerfully lied about the dropping of the charge, with a bizarre claim about CGT:

“Now that this government is coming in with even more things like a capital gains tax, there’s not a lot of money in it – so that’s why they have to pass it on.”

In the real world, there are no plans to extend CGT, though it is part of the Tax Working Group’s discussions.

All in all, this is a small, but welcome step in the Government’s overall housing plan. Bringing fairness to the rental market by removing a significant financial hurdle for tenants shows that Labour is taking a global view of our accommodation needs and not just relying on the market to self regulate.

With Kiwibuild underway, house prices rises steadying and Housing NZ revitalised, this is the first Government in 40 years to seriously tackle our housing crisis. In fact, this may be the first Government in a generation that does not actively make the problem worse.

 

56 comments on “Let it Be”

  1. Andre 1

    The cost of attracting customers is usually borne by whomever is selling and is part of being in business. Would petrol stations be able to charge a “forecourt fee” just to pull up to the pump, or could a supermarket charge a “door fee” to cover their various expenses?

    I’m having trouble coming up with other examples of private businesses being able to charge a fee before you even start using any of their service or product. Mostly it’s former or current government monopolies that can get away with “lines charges” or similar.

    And if it costs landlords to lose their existing tenants and get new ones, maybe they will become more interested in longer tenancies.

    • Muttonbird 1.1

      +1 on the last one para.

      There were instances in Christchurch where the agent was charging a new letting fee for rolling over the lease. That’s the stuff of Satan.

      I don’t think rents will rise across the board. Rental owners don’t raise the rent every time they fix a tap.

    • Blazer 1.2

      Auckland airport charges taxi drivers a $2 fee for dropping passengers off!!

    • KJT 1.3

      Banks do it all the time.

  2. Ankerrawshark 2

    I know this will likely incur the Roth of puckish but Judith is becoming more trump Like by the day, with lies, quoting fake news and personal attacks (young KiwiBuild buyers)

    • Clive Macann 2.1

      Trump like? The opposition there is just as bad or worse. Are you suggesting it’s the same here in NZ?

      • ankerawshark 2.1.1

        Clive, what I meant was Judith’s tactics are beginning to look Trump like. eg quoting a fake news website about the age of consent in France and asking Jacinda to comment on it. Implying that a CGT was already a done deal, criticizing the young Kiwibuild couple on their social media (or her social media)………

    • Puckish Rogue 2.2

      Blasphemy! You bad, evil doer. Get down on your knees, repent and ask our lord for her forgiveness!

      Our Jude, who art in heaven,
      hallowed be thy Name,
      thy government come,
      thy will be done,
      on earth as it is in caucus.

      Give us this day our daily postings.
      And forgive us our trespasses,
      as we forgive those
      who trespass against us. (That’s reference to you)

      And lead us not into socialism,
      but deliver us from communism.

      For thine is the kingdom,
      and the power, and the glory,
      for ever and ever. Amen.

      • ankerawshark 2.2.1

        Pukish, I am glad you feel able to forgive me. But I realized in posting what I did could cause some upset for you. That was not my intent. And I almost hate to say this but stand by my statements.

        I also have to say I admire your tenacity and devotion to your cause.

        • Puckish Rogue 2.2.1.1

          “I also have to say I admire your tenacity and devotion to your cause.”

          Its not hard, I mean when you meet a goddess its as natural as breathing to worship them

    • Cinny 2.3

      trump like judith…. nek minute she’ll be endorsing mike hosking for the UN.

  3. Robert Guyton 3

    Pucky’s Roth?
    David Lee?

  4. Personally I always found the only “significant financial hurdle” I faced as a tenant was paying ever increasing rents.

    But sure, its some nice optics I guess. Give National voting landlords another excuse to feel like the commies are at the door and up the rent (as if they need one), and allow Labour supporting landlords to feel they are nobly taking a presumably ‘significant financial’ hit for the greater good (and upping the rent, but for entirely unrelated reasons I’m sure).

    (On my fb this article appears with the classic photograph of Savage delivering the breakfast table to a new State House.
    That would have to be the most misused photo in the History of New Zealand Labour Party.
    Why on earth do people insist on matching current Labour policy around housing, especially rental stories, with a picture of a family, a single income, tram drivers family, no less, moving into their own home?
    If there is a connection between renting and State houses then It would be more relevant to match these articles with something more current…like a picture of Jacinda delivering a mandarin tree to the nice professional couple moving into their kiwibuild. I wonder if that image will ever become iconic in the struggle of the working classes?)

    • Re: the photo of the Blessed Mickey, the last paragraph of the post explains all:

      With Kiwibuild underway, house prices rises steadying and Housing NZ revitalised, this is the first Government in 40 years to seriously tackle our housing crisis. In fact, this may be the first Government in a generation that does not actively make the problem worse.

      • Antoine 4.1.1

        What we really need is City Councils to seriously tackle our housing crisis

        It’s largely their problem to solve

        A.

      • Siobhan 4.1.2

        No, it doesn’t.

        “In fact, this may be the first Government in a generation that does not actively make the problem worse”.

        ..for life time renters that statement may seem a touch…lackluster. And its certainly not the sort of sentiment that got Savage voted in.

        “Vote for us…we’re better than that bunch of psychos and at least we won’t make things worse, at least not actively, though we will keep to their genius financial constraints” jeez, that’s not really getting me fired up

      • Infused 4.1.3

        None of that is doing anything. Prices are steadying because Auckland been booming for the last 7 years.nits dipping now Wellington is still cranking and rents are getti g higher.

  5. Antoine 5

    All I can say is that if my property manager ups their %, it’s going straight to the tenant, who will pay.

    A.

    • Cinny 5.1

      Why do you use a property manager please Antoine?

      We ditched ours and it’s worked out so much better for all. Highly recommend it if you’ve got good long term tenants.

      • David Mac 5.1.1

        If an owner is out of the country longer than 3 months it is illegal for the owner to manage their own property.

        We have lots of overseas owners.

        If a comfortable drive away and a strong working understanding of the residential tenancy act I think there is a strong case for an owner to mange their own rental.

        If my deceased Grandma left me a house in Kaitaia and I lived in Christchurch, I think I would be foolish not to appoint a manager.

        • Antoine 5.1.1.1

          Some good points there David

          A.

        • Brigid 5.1.1.2

          “If an owner is out of the country longer than 3 months it is illegal for the owner to manage their own property.”
          I don’t think there is any legislation that governs property management. If I’m wrong, could you provide a link that shows there is?

        • Cinny 5.1.1.3

          Thanks David, I didn’t know that re overseas for 3mths rule.

          Our rental is in Welly, so it’s pretty easy to get there from Motueka/Nelson.

          Good point re location.

          We had a bad experience with Quinovic, so ditched them, it’s worked out better for us all. For example, tenants advise if they are going on holiday, and we head over there and do improvements. Mum has always said, if we don’t want to live in the rental, why should we expect anyone else to. As a result have always kept the property in good condition and updated it regularly.

          Are lucky enough to have primo tenants that have been there for years now. They look after the place and we look after them, the rent is low compared to market rates and we give them a week rent free at Christmas.

          Good communication is key.

      • Tricledrown 5.1.2

        No profit if you pay a property manager and most of them just take the money and do nothing not even regular check ups.

        • Antoine 5.1.2.1

          All false there tricldrown, there is still profit and at least some of them demonstrably do stuff

          • Tricledrown 5.1.2.1.1

            If you are an investor you want 6% return on capital minimum if you are landlord paying a mortgage /rates /insurance/maintenance/upgrades to meet new regulations. There is no profit or return on capital if you have to pay a property manager most are just ticket clippers. Antione I work in the building industry and know what happens. Most landlords don’t do regular maintenance they just do patch up jobs to placate tenants that’s the only way they can make a profit.

            • Antoine 5.1.2.1.1.1

              I have a rental property, use a property manager, make a profit, and they do regular checkups and provide photographic evidence among other things.

              A.

    • ankerawshark 5.2

      Antoine are your profit margins so tight on your rental that you have to do this???? I know that is a personal question and I respect that you may not want to answer it.

      I just don’t believe that profit margins are tight at all for landlords. I was one myself a few years back. Unless landlords have over extended themselves in which case my advice is get out of the business.

      • indiana 5.2.1

        There was a time when a Labour government introduced LAQC – Loss Attributing Qualifying Companies. Property investors used this legally and government encouraged avenue to negatively gear themselves so that they could reduce their taxable income. Effectively, the idea was not to be making a profit, but a loss.

      • Antoine 5.2.2

        >Antoine are your profit margins so tight on your rental that you have to do this?

        I’m honestly not sure what my profit margin is, but I’m not inclined to reduce it!

        A.

  6. Mr Marshy 6

    Lol, this reporter really has zero economic nous if he thinks its worth rejoicing. A landlord fee is coming and that will simply be passed on to the tenant. Its called business. You dim socialists really shouldn’t comment on anything business related as your clouded ideology just shows your ineptitude. Report back in a years time when rental stock has shrunk as landlords sell up, and rents rise. See if you are rejoicing then …

    • ankerawshark 6.1

      Actually Mr Marshy, you are making grave assumptions here. I am a business owner and have been a landlord. I have always factored in fairness to tennant customers, and I am doing very well thank you very much. I feel more than entitled to comment on such thing. So actually, and I don’t usually say this sort of thing, shut up.

    • Red Blooded One 6.2

      Wow, so angry with your dim socialists comment Mr Marshy. My property managers have advised that I will be paying a weeks rent if they secure me a tenant in the future. It is not going to be a regular charge (hopefully) as I would much rather my tenants are happy enough to stay long term. The charge will only transfer through to tenants if/when market rent rises occur. If you see a one week charge once in a blue moon as an excuse for you or other landlords to wail, moan and sell up, I suggest you do. The rental market is obviously not conducive to your ethics or lack of.

    • Draco T Bastard 6.3

      If a person is paid by both the landlord and the tenant then who’s he working for?

      • David Mac 6.3.1

        The house.

        Property managers represent the house. Good ones are in the business of creating lovely places to live. Their meagre income comes in from all over the place. Some of the GST on that packet of long grain rice you bought this morning is in a PM’s pocket.

        • Draco T Bastard 6.3.1.1

          If that is true then we don’t need the landlord. The landlord just represents an unnecessary layer of bureaucracy.

          • David Mac 6.3.1.1.1

            Yep, we get how it would work in the Dracosphere.

            The fact remains, there is a layer of landlords because their rental house is a little business and history hurts landlords that don’t approach ownership as a little business.

            • Draco T Bastard 6.3.1.1.1.1

              Yep, we get how it would work in the Dracosphere.

              It’d be cheaper, less expensive and have better results.

              The fact remains, there is a layer of landlords because their rental house is a little business

              That’s not actually a fact. It’s a misunderstanding of history and capitalism.

              If housing was provided by the state then there wouldn’t be any capitalist business available. It is only through the changing of laws (such as the Inclosure Laws etcetera) that allowed rentier capitalism to bloom. Of course, the feudalism that came before was worse but not by much.

  7. David Mac 7

    Property Management is a crap vocation for the greedy. The margins are tiny in that business. They’ve become dependent on letting fees to keep their mouths above the water line.

    Property management income is generally split 50/50 between the franchise holder and the ‘in the field’ property managers. They generally charge about 8% of the rental income. So if a house is returning rent of $300 per week, there’s $24 income for the office. Split 50/50, the property manager is making $12.

    An average roll of 50 rentals x $12 = $600 per week for the manager. Often contractors, they have to pay for their extensive car and phone usage from their $600 per week, then their taxes. Even if managing 100 rentals, that would be a 65 hours a week job to do properly, after overheads, the money is still pretty ordinary.

    For the greed inclined, begging outside a shop pays better than residential Property Management. I don’t think PM’s are looking for letting fee replacements because they’re greedy, I think they’re doing it so that they don’t starve to death.

    • Draco T Bastard 7.1

      For the greed inclined, begging outside a shop pays better than residential Property Management. I don’t think PM’s are looking for letting fee replacements because they’re greedy, I think they’re doing it so that they don’t starve to death.

      I was doing better as a contract pizza delivery driver.

      If your figures are correct then PMs shouldn’t actually exist as they’re not getting enough income to cover their expenses.

      • David Mac 7.1.1

        Ha, yeah exactly, as business models go, the margins are super model skinny.

        • Wensleydale 7.1.1.1

          If it’s such a shit gig, why does anyone do it? Genuine question. What do they get out of it other than stress and a meagre income?

    • Infused 7.2

      My fee is 3%. Landlords need to learn how to negotiate

  8. Draco T Bastard 8

    Minister Twyford doesn’t think tenants will end up paying more.

    “Landlords are already charging as much as they can within supply and demand. So it’s not at all clear that because the small minority of landlords who use property managers want to pass on those fees through rent, it’s not at all clear that they’ll be able to.”

    I think the Minister needs to be appraised of Steve Keen’s work on supply and demand. This short article at Unlearning Economics is probably a good place to start:

    The second reason is to show that, despite economist’s assertions to the contrary, it cannot be proved that a market economy will necessarily maximise social welfare, as, even on their own terms, it is logically possible to have multiple equilibria, some of which are more socially desirable.

    All in all, this is a small, but welcome step in the Government’s overall housing plan. Bringing fairness to the rental market by removing a significant financial hurdle for tenants shows that Labour is taking a global view of our accommodation needs and not just relying on the market to self regulate.

    The market has never self-regulated. When left to their own devices the capitalists become Robber Barons.

    IMO, it is the regulations that define the market and make it fair and even workable. It is only through proper regulation that all costs can be properly accounted for.

    • David Mac 8.1

      Unfortunately I don’t think rents are as high as the market will absorb.

      Any rental anywhere, 1000’s of Trademe views, 100’s of email enquiries, scores of application forms presented.

      Rental listings don’t stick around long, up one week, gone the next. Any rental listing that is up longer than a month is a white elephant.

      I think rental asks are about 25-35% cheaper than what the market is currently dictating. Demand is stomping all over Supply.

      Additional forces come into play: In times of abundant rentals, a $25 rent rise notice might prompt a search for a new place. In these times of rental scarcity we’re more likely to cop a $50 rise on the chin.

      I wouldn’t be holding your breath if you’re waiting for regulators to enforce how much someone can make from their private legitimate business Draco.

      Damn, I’d love to visualise a happy ending to ‘The next decade of rental housing in NZ’ but I struggle.

      • Draco T Bastard 8.1.1

        I wouldn’t be holding your breath if you’re waiting for regulators to enforce how much someone can make from their private legitimate business Draco.

        I’m not.

        Regulations are there to cover fairness, health and safety and to ensure costs are properly accounted for and that the right person is paying them.

        It’s supposedly competition that will reduce profit to zero and that’s never going to work as there simply isn’t enough resources or competition.

      • Antoine 8.1.2

        > Unfortunately I don’t think rents are as high as the market will absorb.

        Clearly not.

        We cannot really fix the rental situation until we improve the supply demand balance. All the power is on the supply side (landlords) and little tweaks like the letting fees thing will not really change anything.

        A.

  9. Pete 9

    I heard various grizzlers yesterday on about how the rental market would collapse because of the change. And that renters will see their rents go soaring. And I’m sure I heard someone intimate the world would end.

    • Muttonbird 9.1

      I heard Hades himself was to ride forth from the underworld on a chariot of babies’ skulls upon the passing of this law.

      I’ve been checking outside but still nothing.

      • Antoine 9.1.1

        I don’t think anyone is saying that this law is a disaster or will make things much worse. What we are saying is that it will not improve the situation substantially for renters, in some cases may make them worse off. We are rejecting TRP’s spin that this is something to ‘rejoice’ over.

        A.

Recent Comments

Recent Posts

  • National Does the Nation a Disservice
    Deputy Prime Minister Winston Peters today called for National Party and Opposition leader Judith Collins to stop undermining democracy. “New Zealanders are sadly being fed a steady stream of misinformation about the pre-election period from the National Party,” said Mr Peters. “Its effect is to sow doubt about the legitimacy ...
    BeehiveBy beehive.govt.nz
    1 hour ago
  • Speech at the graduation of Wing 340
    Graduation of Wing 340 2pm, 13 August 2020, The Royal New Zealand Police College [CHECK AGAINST DELIVERY] Introduction Ladies and gentlemen, it is a privilege to be here today to celebrate the graduation of Wing 340. Let us begin by acknowledging the presence of Coalition Government colleague, Police Minister the ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Transitional housing provides much needed support for Taumarunui whānau
                                                                     Transitional housing provides much needed support for Taumarunui whānau   New emergency and transitional homes will help ease a housing shortage in Taumarunui and provide whānau with much needed support, say Māori Development Minister, Nanaia Mahuta and Whānau Ora Minister, Peeni Henare.  The Ministers officially opened five two-bedroom units ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Government announces plan to tackle problem plastics and seven single-use plastic items
    Following the success of the phase out of single-use plastic shopping bags, the Government now has plans to phase out more single-use and problem plastics to reduce waste and protect the environment announced Associate Minister for the Environment Eugenie Sage. The proposals are to phase-out: some hard-to-recycle PVC and polystyrene ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New opportunities for Kōpū marine facilities
    A commercial and industrial site in Thames-Coromandel will receive $8.2 million to revamp its marine-servicing infrastructure and create new economic development opportunities, Infrastructure Minister Shane Jones has announced. This project is being supported from the $3 billion ‘shovel ready’ fund set aside in Budget 2020 to kick-start the post COVID-19 ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • PM comments on Auckland COVID-19 case
    After 102 days we have our first cases of Covid-19 outside of a Managed Isolation or Quarantine facility in New Zealand. Shortly I will ask Dr Bloomfield to set out the details of the case. While we have all worked incredibly hard to prevent this scenario, we have also planned ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Significant investment in Raukūmara Pae Maunga to prevent Raukūmara forest collapse
    An iwi-Crown approach programme to restore the Raukūmara forest on the East Coast of the North Island and boost employment opportunities for whānau, particularly rangatahi/young people, will receive $34 million funding, Minister of Conservation Eugenie Sage has announced. “Raukūmara Pae Maunga is a partnership with Te Whānau-ā-Apanui, Ngāti Porou, and ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New partnership central to delivering more Māori housing
    Government agencies and partners are working closer together to provide more Māori Housing through the Te MAIHI o te Whare Māori – the Māori and Iwi Housing Innovation Framework for Action (MAIHI). MAIHI is a kaupapa Māori approach that drives a system change to give effect and impact on Māori ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Manawatū Gorge replacement highway drives forward
    Site work is soon to begin on Te Ahu a Turanga: Manawatū Tararua Highway, the project to replace the former SH3 route through the Manawatū Gorge, Transport Minister Phil Twyford said today. Phil Twyford was today in Woodville at the signing of a formal agreement by members of the Alliance ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Pacific Ministers meet to discuss regional economic priorities
    The Pacific Islands Forum Economic Ministers Meeting (FEMM) begins today and will focus on the major economic and social impacts of COVID-19 on the Pacific.  FEMM is an important congregation of Economic Ministers and senior officials from around the region, and for the first time, the annual meeting will be ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Formal apology and payment to George Nepata
    Cabinet has approved a formal apology and ex gratia payment to former soldier George Nepata, announced Defence Minister Ron Mark. This payment is to recognise the New Zealand Defence Force’s failure to provide Mr Nepata with a safe system of work in April 1989 when, as a result of an ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Report into Iain Lees-Galloway’s expenditure
    A report undertaken by Ministerial Services into Iain Lees-Galloway’s ministerial expenditure has found no evidence of any inappropriate transactions or spending. Ministerial Services undertook a line by line review of all his expenditure, including staff and spouse expenses for the period 1 January 2019 to 30 June 2020.  “I commissioned ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Managed isolation charges to start 11 August
    Managed isolation charges for returnees will come into force from 12.01am Tuesday 11th August, after they passed their last cabinet milestone today, Housing Minister Megan Woods said. “The new charging system balances the rights of New Zealanders to return home and helps reduce pressure on the managed isolation and quarantine ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Update on New Zealand and the Cook Islands travel bubble
    The Prime Minister of New Zealand Jacinda Ardern and the Prime Minister of the Cook Islands Henry Puna have welcomed the completion of phase one in the establishment of a travel bubble between New Zealand and the Cook Island. Negotiations on the text of an ‘Arrangement to Facilitate Quarantine-Free Travel ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • One-stop ‘jobs and training’ shop goes live
    The Government has launched a new online, phone and onsite service to help New Zealanders connect to a range of employment support and products for workers and businesses affected by COVID-19, announced Minister of Education Chris Hipkins and Minister for Social Development Carmel Sepuloni. Connected.govt.nz is a one-stop-shop for jobseekers, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • MSD security guards to be paid Living Wage
    Security guards contracted to the Ministry of Social Development will be paid at least the Living Wage from next month supporting the Government’s commitment towards fair pay and employment conditions, announced Minister for  Social Development Carmel Sepuloni.   “MSD was  among the first government agencies to pay its employees the living ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New strategy to ensure nature thrives
    The Minister of Conservation Eugenie Sage today launched Te Mana o te Taiao, the Aotearoa New Zealand Biodiversity Strategy - a way forward that envisions Aotearoa New Zealand as a place where ecosystems are healthy and resilient, and people embrace the natural world. “Many of New Zealand’s plants and wildlife species ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Provider Languages Fund will support Pacific Wellbeing approach
    “Pacific languages, cultures and identity are essential to the health, wellbeing and lifetime success of our Pacific peoples and their communities in Aotearoa. The strength and resilience of Pacific Aotearoa is not only vital to their own prosperity but integral to the prosperity of all New Zealanders, and is particularly ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • COVID-19: More funding for schools and boost to construction sector
    ·       $38 million to help schools cover unexpected costs related to COVID-19 ·       $69 million upgrade for online learning ·       $107 million contingency funding to support school construction suppliers facing additional costs due to the lockdown. The Government is releasing $214 million from the COVID-19 response and recovery fund to ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Stay safe on the tracks – Rail Safety Week
    Despite the Government installing safety upgrades around the country, people should still take care around rail crossings, said Transport Minister Phil Twyford launching Rail Safety Week. Phil Twyford said installing safety infrastructure is crucial, but we are encouraging people to be more careful around trains too. “We’re making good progress ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government backs Manawatū social housing project
    The Government is providing a cash injection to help Palmerston North City Council complete a programme to provide 78 social housing units for vulnerable tenants. The $4.7 million to build 28 units in the Papaioea Place redevelopment comes from the $3 billion set aside for infrastructure in the Government’s COVID-19 ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Major funding boost for Predator Free Banks Peninsula
    A pest free Banks Peninsula/Te Pātaka o Rākaihautū is one step closer with a $5.11 million boost to accelerate this project and create jobs, announced Conservation Minister Eugenie Sage in Canterbury today. “This is a game changer for this ambitious project to restore the native wildlife and plants on Ōtautahi/Christchurch’s doorstep ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Major investment for indoor sports in Hawke’s Bay
    A Government grant of $6.4 million will expand the Pettigrew Arena in Taradale with new indoor courts of national standard. “The project is likely to take 18 months with approximately 300 people employed through the process,” Grant Robertson said. “The expansion will increase the indoor court space up to 11 ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New infrastructure for Far North tourist town
    The Far North tourist destination of Mangonui is to receive Government funding to improve waterfront infrastructure, open up access to the harbour and improve water quality, Infrastructure Minister Shane Jones has announced. A total of $6.5 million from the $3 billion set aside in the COVID-19 Response and Recovery Fund ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government remains committed to Women’s Cricket World Cup
    The Government has re-affirmed its commitment to supporting the hosting of the ICC Women’s Cricket World Cup, which the ICC has delayed from 2021 to 2022. “This is obviously a disappointing decision for cricket players and fans around the world and for the White Ferns and their supporters here at ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Green light for Te Awa River Ride in $220m nationwide cycleways investment
    Cyclists and walkers will now have a safer way to get around Taupō, Tūrangi, and between Hamilton and Cambridge, with funding for shared paths and Te Awa River Ride, Associate Minister of Transport Julie Anne Genter announced today. “The Te Awa River Ride is the latest part of massive growth ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Six major ‘shovel-ready’ cycleways funded in Christchurch
    Six major cycle routes will be completed in Christchurch thanks to funding from the Government’s investment in shovel-ready infrastructure as part of the COVID-19 recovery Associate Minister of Transport Julie Anne Genter announced today. $125 million will be invested to kick-start construction and fund the completion of the following cycleway ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Police facilities for Whanganui
    Plans are underway for a brand new state-of-the-art hub for Whanganui’s justice and social agencies, following confirmation the ageing Whanganui Central Police Station is to be replaced. Police Minister Stuart Nash has announced $25 million in new infrastructure spending to improve facilities for the wider community, and for staff who ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Relativity adjustment for Waikato-Tainui and Ngāi Tahu
    An adjustment payment has been made to Waikato-Tainui and Ngāi Tahu under the relativity mechanisms in their 1995 and 1997 Treaty of Waitangi settlements, Minister for Treaty of Waitangi Negotiations Andrew Little announced today. The latest payments to Waikato-Tainui and Ngāi Tahu are $2,700,000 and $2,600,000 respectively to ensure the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Auckland rail upgrades pick up steam
    Deputy Prime Minister Winston Peters and Transport Minister Phil Twyford today kicked off the start of the Auckland NZ Upgrade Programme rail projects which will support over 400 jobs and help unlock our biggest city. Both ministers marked the start of enabling works on the third main rail line project ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • PGF support for Wairoa creates jobs
    The Provincial Growth Fund (PGF) investment of $3.78 million in Wairoa will create much needed economic stimulus and jobs, Under-Secretary for Regional Economic Development Fletcher Tabuteau announced today. PGF projects announced today include: $200,000 loan to Nuhaka Kiwifruit Holdings Ltd (operated by Pine Valley Orchard Ltd) to increase the productivity ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Public and Māori housing to trial renewable energy technology
    Tenants in public and Māori housing may be benefiting from their own affordable renewable energy in future – a fund to trial renewable energy technology for public and Māori housing has today been announced by Energy and Resources Minister Megan Woods and Associate Minister for Housing (Māori Housing) Nanaia Mahuta. ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • $2.7m for Hokianga infrastructure
    Hokianga will receive $2.7 million to redevelop four of its wharves and upgrade its water supply, Regional Economic Development Minister Shane Jones has announced. Far North District Council will receive $1.8 million from the Provincial Growth Fund for the work on the wharves. “The work will include the construction of ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New fund to support housing and construction sector
    A $350 million Residential Development Response Fund is being established to support the residential construction sector and to minimise the economic impact from COVID-19, the Housing Minister Dr Megan Woods has announced. “The Residential Development Response Fund will help to progress stalled or at-risk developments that support our broader housing ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government investment to boost Auckland’s community recycling network
    As part of a broader plan to divert waste from landfill, the Government today announced $10.67 million for new infrastructure as part of the Resource Recovery Network across the Auckland region. “This key investment in Auckland’s community recycling network is part of the Government’s Infrastructure Reference Group ‘shovel ready’ projects ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Te Papa transformation starts at Cameron Road
    The Government is investing $45 million in the first stage of an ambitious urban development project for Tauranga that will employ up to 250 people and help the region grow, Urban Development Minister Phil Twyford announced today. Phil Twyford says the funding has been allocated out of the $3 billion ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Low-emissions options for heavy transport a step closer
    Getting low-emission trucks on the road is a step closer with investment in infrastructure to support hydrogen vehicles, the Energy and Resources Minister Megan Woods has announced. The Infrastructure Reference Group has provisionally approved $20 million for New Plymouth company Hiringa Energy to establish a nationwide network of hydrogen-fuelling stations. ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New training centre to upskill workers
    A new trades training centre to upskill the local workforce will be built in the South Waikato town of Tokoroa through funding from the Government’s COVID-19 Response and Recovery Fund, Education Minister Chris Hipkins and Regional Economic Development Minister Shane Jones have announced. The Government will contribute $10.84 million from ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Subsequent children legislation to change
    The Government has agreed to repeal part of the Oranga Tamariki Act subsequent children provisions, Minister for Children Tracey Martin announced today. “There are times when children need to go into care for their safety – the safety and care of children must always be paramount,” Minister Martin said. “But ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Funding to expand mental health support for Pacific peoples
    A $1.5 million boost to grow primary mental health and addiction services for Pacific peoples in Auckland, Hamilton and Canterbury will lead to better outcomes for Pacific communities, Associate Health Minister Jenny Salesa says.  Pasifika Futures has received funding to expand services through The Fono, Aotearoa New Zealand’s largest by ...
    BeehiveBy beehive.govt.nz
    1 week ago