The Kākā by Bernard Hickey
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Just one Wellington home being consented for every 10 in Auckland
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Just one Wellington home being consented for every 10 in Auckland

Exodus of skilled staff and dollars from Wellington all about housing costs and new Government’s Budget cuts, but few signs local leaders understand the scale of the turnaround needed
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A decade of under-building is coming home to roost in Wellington. Photo: Lynn Grieveson / The Kākā

Mōrena. Long stories short; here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Monday September 2:

  1. Wellington’s leaders are wringing their hands over an exodus of skilled staff and retail sales from the capital, driven by housing shortages that they appear reluctant to grapple with, and by the Government’s Budget and house-building cuts.

  2. The Government’s decades-long underfunding of health in real and per-capita terms is cascading into a series of breaking points throughout the system that make running repairs even more difficult and expensive.

  3. In solutions news, Canada has published a Public Land Bank identifying under-sued land that could have housing built on it.

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The Kākā by Bernard Hickey
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The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.