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55 days ago

Poll: Do you think the idea will work?

Libby Totton Reporter from Waikato Times

The Government will today unveil a radical new plan to underwrite construction of new private houses, as high interest rates and an economic downturn make it tough for developers to get finance for new projects.

The new time-limited scheme is designed to de-risk developments, making finance easier to obtain for developers to start building. Developers often have to pre-sell a proportion of dwellings in any development in order to secure finance, which has become much more difficult in the current economic downturn.

Do you think the idea will work? Tell us your reasons in the comments (adding NFP if you don't want your words used in print).

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Do you think the idea will work?
  • 30.4% Yes
    30.4% Complete
  • 23.9% Not sure
    23.9% Complete
  • 45.7% No
    45.7% Complete
46 votes
More messages from your neighbours
1 day ago

PM says the ‘war on farming’ is over, at Fieldays’ Mystery Creek

Libby Totton Reporter from Waikato Times

The rural sector will pull the country out of recession, Prime Minister Christopher Luxon told farmers at Mystery Creek on Tuesday.

Luxon’s main message was that farmers are not villains, they are “partners” of the Government and the saviours of the New Zealand economy.

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16 days ago

What's your favourite recipe for courgettes?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.

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13 hours ago

Tributes flow for Paul Galletta

Libby Totton Reporter from Waikato Times

Paul Galletta, “a real Waikato guy”, was farewelled by police and the rugby community at FMG Stadium on Wednesday.

A crowd of nearly 1500 gathered to celebrate the life of Galletta, who died at the age of 62 on November 23.

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