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3 Mar 2026 11:20
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  •   Home > News > Politics

    The government's underwriting of Kiwibuild homes is likely to be embarassing -- but not illegal

    The government's underwriting of Kiwibuild homes is likely to be embarassing -- but not illegal


    The Auditor General has agreed to investigate why developers were guaranteed a minimum price for already built Kiwibuild homes.

    National says hundreds of millions of dollars is being misspent.

    But AUT construction expert John Tookey says the government probably isn't doing anything technically wrong.

    He says it's just another bad look for Kiwibuild.

    © 2026 Newstalk ZB, NZCity

     Other Politics News
     03 Mar: Former Deputy Police Commissioner Jevon McSkimming stayed at hotels at taxpayer expense - up to 10 times inviting a woman he was having an affair with to join him
     03 Mar: The Reserve Bank's remit may be expanded - as Labour considers a policy change
     03 Mar: Holes are being poked in an economic report claiming 383-million dollars would be generated for the economy from sand mining at Northland's Bream Bay
     02 Mar: The conflict in the Middle East has seen oil prices jump - and could mean higher costs at the pump
     02 Mar: Foodstuffs is again trying to bring its North and South Island operations under one roof - after failing two years ago
     02 Mar: Job numbers are rising again - but are still down on a year ago
     02 Mar: A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position
     Top Stories

    RUGBY RUGBY
    A career move for All Blacks head of performance Nic Gill More...


    BUSINESS BUSINESS
    The Reserve Bank's remit may be expanded - as Labour considers a policy change More...



     Today's News

    International:
    Trump lists four goals in Iran as Middle East war widens 11:17

    Rugby:
    A career move for All Blacks head of performance Nic Gill 11:07

    Rugby:
    The Crusaders are set to be without prop Tamaiti Williams for three rounds of Super Rugby Pacific 11:07

    Motoring:
    A Coroner's recommended NZTA replace old median barriers - after a crash killed three seasonal workers in Auckland in 2024 11:07

    Politics:
    Former Deputy Police Commissioner Jevon McSkimming stayed at hotels at taxpayer expense - up to 10 times inviting a woman he was having an affair with to join him 11:07

    Entertainment:
    Mary Cosby believes her son is "at peace" following his death 11:05

    National:
    Primary care prevents health problems from becoming more expensive – why doesn’t NZ fund it properly? 10:37

    Entertainment:
    Liza Minnelli wants to date an 18 year old 10:35

    National:
    Why did Iran bomb Dubai? A Middle East expert explains the regional alliances at play 10:27

    Business:
    The Reserve Bank's remit may be expanded - as Labour considers a policy change 10:27


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