House building: NZ needs 125,000 homes in 5 years to meet high migration

Monday, March 18th, 2024

Westpac Bank says New Zealand will need to ramp up its house building machine to about 125,000 homes over the next five years if it hopes to keep up with rampant migration and mitigate the post-pandemic slowdown.

Westpac senior economist Satish Ranchhod said while some parts of the country were catching up with longer-term underbuilding of homes, the pressure wouldn’t go away in the wake of increasing population growth. Read more

Additional reading

News category: New Zealand, News Shorts.

Tags: House building, Housing

The inheritance of Anzac Day

Each year the eve of Anzac Day is given over to the International Day of Multiculturalism and Diplomacy for Peace. This year the conjunction is particularly apposite at a time when the air is full of wars and rumours of Read more

Experts at Rome meet – delve into historical abuses of power

The nature of power and how the abuse of power has been dealt with in the past and present were the focus of an international conference in Rome attended by about a dozen scholars earlier this month. Experts in history, Read more

Gathered around the altar

“Without liturgical reform, there is no reform of the Church,” Pope Francis said emphatically last February during an address to the plenary assembly of the Dicastery for Divine Worship and the Discipline of the Sacraments. His remarks came around the Read more

CathNews New Zealand