The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Funds cut for social housing with 3 days notice
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Funds cut for social housing with 3 days notice

Councillor says Govt cuts $6m of subsidies for Haumaru Housing with 3 days notice, forcing homes to stay empty without renovations; MBIE warns of big power price hikes next year; Epic climate warning
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Kia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Wednesday, October 9:

  1. The Government has cut $6 million from subsidies for an Auckland social housing provider with three days notice, which will force it to leave houses empty that needed refurbishing, Auckland Councillor Richard Hills said last night.

  2. In thek scoop of the day, BusinessDesk-$$$’s Oliver Lewis reveals MBIE’s advice to Simeon Brown and Shane Jones that sharply higher electricity bills next year will hit businesses and add to pressure on hospital A&Es from poor households skimping on power and getting sicker in winter.

  3. In the deep-dive of the day, Marc Daalder starts a major series of articles at Newsroom on the effects of Long Covid.

  4. In solutions news, the Government provided $35 million to jump-start a Tainui plan for 100 new homes.

  5. In quote of the day, a group of eminent climate scientists warned overnight of an irreversible climate disaster without urgent action to decarbonise and decelerate the global economy.

  6. The chart of the day shows how rising global temperatures have massively increased air moisture.

(There is more detail, analysis and links to documents below the paywall fold and in the podcast above for paying subscribers. If we get over 100 likes we’ll open it up for public reading, listening and sharing.)

1. Govt cuts $6m in subsidies for Auckland social housing

Coalition actions at odds with preference to use community providers

Haumaru Housing units in Auckland. Photo supplied

The Government has talked up its willingness to get Community Housing Providers to take over the role of building new social housing, but its actions so far appear at odds with that.

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The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Bernard Hickey and friends explore the political economy together.