Press Release – Property Council Of New Zealand The Government had the opportunity to revolutionise the current insurance-based funding model for Fire and Emergency New Zealand (FENZ) but have instead chosen to merely tweak the levy system, maintaining a model that by their own admission has …
“The Government had the opportunity to revolutionise the current insurance-based funding model for Fire and Emergency New Zealand (FENZ) but have instead chosen to merely tweak the levy system, maintaining a model that by their own admission has “inherent drawbacks”,” says Leonie Freeman, Chief Executive at Property Council New Zealand.
“Tweaking the levy system won’t address the core issue, says Freeman.
SunLive - Rotorua Airport nominated for prestigious award
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Rotorua Airport nominated in Property Industry Awards
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Thursday, 1 April 2021, 5:02 pm
$3.8 billion towards new houses, a crack down on
investors and more assistance for first home buyers were big
items in the Government’s latest housing announcement, but
did they get it right?
The Government hopes these
measures will increase the supply of houses and remove
incentives for speculators, aiming to deliver a more
sustainable housing market.
“This is a package of
both urgent and long-term measures that will increase
housing supply, relieve pressure on the market and make it
easier for first-home buyers,” says Prime Minister Jacinda
Ardern.
“There is no silver bullet, but combined all
of these measures will start to make a