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20 Apr 2024 20:50
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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.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     20 Apr: Demand for pet-friendly rentals are likely to rise with new changes to rental bonds
     20 Apr: Why Japan is the only country where married couples must have the same surname
     20 Apr: Jacinda Ardern slashed negative gearing in NZ. The new government has brought it back
     19 Apr: The Law Society says it's becoming more common for people to criticise judges -- and it's a problem
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
     19 Apr: The Government's decision to extend the timeframe for earthquake-strengthening work has gained support among Local Government New Zealand
     19 Apr: Auckland Action Against Poverty says it's time to start a conversation about the meaning of work in New Zealand
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    Demand for pet-friendly rentals are likely to rise with new changes to rental bonds More...



     Today's News

    Entertainment:
    Prince William promised to "look after" Catherine, Princess of Wales on his first official engagement since she revealed she had been diagnosed with cancer 20:40

    Law and Order:
    Man dies after setting himself on fire outside court where Donald Trump is on trial 20:17

    Entertainment:
    Orlando Bloom fell in love with "Katheryn, this girl from Santa Barbara", not Katy Perry the pop star 20:10

    Entertainment:
    Olivia Munn found one of the "hardest things" in her cancer battle was being unable to pick up her son after surgery 19:40

    Motoring:
    A serious single-vehicle crash has closed State Highway 6 in lower Buller Gorge 19:17

    Entertainment:
    Idris Elba joked he'd "more famous for not playing James Bond" than past actors who have had the role 19:10

    Netball:
    The Central Pulse's squad depth has prevailed in round two of the ANZ Netball Premiership, at home the Waikato Bay of Plenty Magic 18:57

    Rugby:
    The inaugural Taupo 400 Supercars has a Kiwi champion 18:57

    Entertainment:
    Rihanna's new album could be a family affair as she may get her sons to join her on a song 18:40

    Entertainment:
    Olly Murs was heartbroken after being separated from his daughter just hours after announcing her birth 18:10


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