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18 Feb 2026 20:02
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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
     18 Feb: NZ is slowly slipping on the global corruption index. Is is time for an anti-corruption agency?
     18 Feb: A new iron treatment is on the way for people who've experienced serious reactions to treatment in the past
     18 Feb: Parliament's intervening - after the High Court ruled against the Ministry of Social Development requesting welfare repayments from those receiving back-dated ACC support
     17 Feb: Labour's Jan Tinetti says today's employment law change is a backwards step
     17 Feb: The Greens say the Government's attacking workers with a major change to workplace law
     17 Feb: Parliament's approving major changes to employment law
     17 Feb: The Finance Minister's accusing Labour of scraping the barrel with its questions in Parliament
     Top Stories

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    Leicester Fainga'anuku's been benched for Sunday's Super Rugby clash between the Crusaders and Brumbies in Christchurch More...


    BUSINESS BUSINESS
    The Reserve Bank says inflation's too high, but it's actually worried it could soon end up too low More...



     Today's News

    Entertainment:
    Wunmi Mosaku has "not been able to celebrate" her Oscar nomination 19:57

    International:
    Equal time rule leads CBS to pull Stephen Colbert's James Talarico interview 19:37

    Entertainment:
    The Simpsons will never have an official ending 19:27

    Entertainment:
    Ted Danson has revealed Cheers was almost cancelled during its first season 18:57

    Business:
    The Reserve Bank says inflation's too high, but it's actually worried it could soon end up too low 18:57

    Health & Safety:
    Pharmac's being urged to give blood cancer patients assurance on what treatments are being funded in the coming years 18:37

    Entertainment:
    Savannah Guthrie dec lared "it's never too late to do the next right thing" as she made a fresh appeal for her mother's safe return 18:27

    Rugby League:
    Tiger Woods could be a contender for the US Ryder Cup golf captaincy next year 18:07

    Entertainment:
    Wiz Khalifa has been left devastated by his father's "sudden" death after he "decided not to wake up" 17:57

    Business:
    The Reserve Bank's kept the OCR unchanged at 2.25 percent - and expects it'll stay there for most of this year 17:27


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