ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Why are construction costs so high?

Author
Newstalk ZB,
Publish Date
Thu, 15 Feb 2024, 12:06PM
Photo \ Getty Images
Photo \ Getty Images

Why are construction costs so high?

Author
Newstalk ZB,
Publish Date
Thu, 15 Feb 2024, 12:06PM

The Government is promising to tackle construction costs. 

Stats NZ data shows the cost of building a house has increased by 41% since 2019, making housing even more unaffordable for Kiwi families. 

Building and Construction Minister Chris Penk wants costs to go down. 

He's vowing to streamline the consenting process, saying the little guys have been shut out because of red tape. 

AUT'S Professor of Construction John Tookey told Kerre Woodham that the situation is more complicated than people think. 

LISTEN ABOVE 

Take your Radio, Podcasts and Music with you