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18 Sep 2025 7:52
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  •   Home > News > Business

    The Opposition's laying blame for the increasing rent prices across the country, squarely on the government

    The Opposition's laying blame for the increasing rent prices across the country, squarely on the government


    Rents rose at a rate of 3.1 percent last year... the strongest increase since 2008.

    National's Finance spokesperson Paul Goldsmith says newly added costs for landlords are part of the problem.

    He says the government doesn't seem to realise that it's not compulsory for people to rent out their houses.

    Goldsmith says if it becomes too expensive or difficult, then landlords will withdraw from the market.... and prices will go up.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Environment:
    An old building near Porirua is set to be knocked down, to make way for an open grassed area 7:47

    Business:
    An expert says the economy is failing to gain momentum 7:37

    Entertainment:
    Brandon Blackstock's children are "taking it one day at a time" after losing their dad 7:31

    Business:
    Many are predicting a fall in GDP for quarter two 7:27

    International:
    Donald Trump arrives at Windsor Castle and greeted by British royal family for unprecedent second UK state visit 7:27

    Law and Order:
    Canterbury police are appealing for information about a 66-year-old woman missing from the Whitewash Heads, Scarborough area 7:27

    Law and Order:
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    Business:
    The US Federal Reserve has cut interest rates for the first time since December 7:07

    Entertainment:
    Chloe Sevigny made a "subversive" nod to "Old Hollywood" in her Emmy Awards look 7:01


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