Poll: Do you think the idea will work?
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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30.4% Yes
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23.9% Not sure
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45.7% No
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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73% We work hard, we deserve a break!
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16.2% Hmm, maybe?
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10.7% Yes!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Festive cheer, fiscal fear - and questions about growth
Hamilton’s boom-town status has been called into question as Hamilton City Council grapples with the need to bring rates within Government mandated limits.
Councillor Andrew Bydder said assumptions about relentless population growth may be “out of date”, and called for a review of the issue early next year.
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