News | Business
6 May 2021 17:53
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Taxpayer spending on housing support is a big ticket that's only going to get even bigger in the years ahead

    Taxpayer spending on housing support is a big ticket that's only going to get even bigger in the years ahead


    The Government is now spending a billion dollars on housing every three months.

    Bagrie Economics founder Cameron Bagrie says at the current rate, the figure is likely to jump to around five billion a year by 2025.

    He says this will no doubt hurt future generations - but the issue is certainly not new, and highlights the severity of the housing crisis.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     06 May: Lockdown's over for schools and businesses near Christchurch's Roydvale Ave - in Burnside
     06 May: Greater Auckland says a new plan for rail is a good start, but not enough
     06 May: Dairy farmers have six months to decide on a capital restructure for Fonterra
     06 May: Mayor Jim Boult supports a Government plan to help Queenstown wean itself off tourist dollars
     06 May: Seatoun and Roseneath are now two-million dollar suburbs
     06 May: New Zealand may be heading into an abnormally dry winter
     05 May: Hopes Fonterra will streamline how farmers buy and sell units
     Top Stories

    RUGBY RUGBY
    Australia's sevens sides will head here later this month to face the All Blacks Sevens and Black Ferns Sevens in Auckland More...


    BUSINESS BUSINESS
    Lockdown's over for schools and businesses near Christchurch's Roydvale Ave - in Burnside More...



     Today's News

    Entertainment:
    The Duchess of Sussex has written a children's book 17:27

    Soccer:
    The Wellington Phoenix are offering no guarantees around the future of Steven Taylor 17:26

    Entertainment:
    Channing Tatum needs to "get better at acting" so he can strip off less in his movies 16:57

    Law and Order:
    A man has minor injuries after initially resisting arrest -- after three weeks on the run 16:56

    Entertainment:
    The Duchess of Cornwall's son "doesn't know" if she'll be known as Queen Camilla when husband Prince Charles is crowned king 16:27

    Cricket:
    New Zealand Cricket will still take an enlarged 20 strong squad to the UK for the England test series despite three players heading directly from India due to the IPL's postponement 16:26

    Health & Safety:
    About half of heterosexual people diagnosed with HIV last year were in late stages of the virus 16:16

    Business:
    Lockdown's over for schools and businesses near Christchurch's Roydvale Ave - in Burnside 16:16

    Entertainment:
    Jana Kramer feels "embarrassed" by the end of her marriage to Mike Caussin 15:57

    Entertainment:
    Blake Shelton thinks the idea of Gwen Stefani being his fiancee is "ridiculous" 15:27


     News Search






    Power Search


    © 2021 New Zealand City Ltd