News | Politics
21 Apr 2021 10:48
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 > Politics

    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 Politics News
     21 Apr: Gone are the country's 20 DHBs
     20 Apr: Winston Peters is back in court today, continuing the battle over the release of his superannuation overpayment details
     20 Apr: A review of the troubled Transmission Gully motorway has found problems stem from the planning stage
     20 Apr: Lessons will be learnt from Transmission Gully
     19 Apr: Australia's eyeing more travel deals with neighbouring countries
     19 Apr: Taupo's mayor is looking forward to seeing bookings from Australia, come to fruition
     19 Apr: Offshore buyer enquiry within the housing market is expected to remain cautious
     Top Stories

    RUGBY RUGBY
    The Crusaders are resigned to playing without one of their front row rocks for at least the remainder of Super Rugby Aotearoa More...


    BUSINESS BUSINESS
    Dairy prices have dipped at Fonterra's latest Global Dairy Trade auction overnight More...



     Today's News

    Rugby:
    The Crusaders are resigned to playing without one of their front row rocks for at least the remainder of Super Rugby Aotearoa 10:46

    Rugby League:
    Reece Walsh is eligible, but doubts he'll ever run-out for the Kiwis 10:46

    Law and Order:
    Former Minneapolis police officer Derek Chauvin has left court in handcuffs 10:27

    Entertainment:
    Miranda Lambert performed three times at the 2021 Academy of Country Music (ACM) Awards on Sunday (18.04.21) 10:22

    Entertainment:
    Maren Morris was among the big winners at the 2021 Academy of Country Music (ACM) Awards, taking home two prizes 9:52

    Law and Order:
    Guilty on all three counts 9:26

    Entertainment:
    Sam Mendes has remembered Helen McCrory for her "explosive energy" 9:22

    Hockey:
    North have beaten South 4-nil in the deciding third match of their women's hockey series in Hamilton 9:06

    Entertainment:
    Aidan Turner "never" wanted to be an actor 8:52

    Entertainment:
    Stacey Solomon feels like she's got "jet lag" after a difficult night with her son 8:22


     News Search






    Power Search


    © 2021 New Zealand City Ltd