Auckland will soak up all of Govt’s $1b housing infrastructure fund, major builder says

  • Prime Minister John Key has revealed a $1 billion infrastructure spend-up to speed up the construction of tens of thousands of new homes.

Councils in Auckland, Christchurch, Queenstown, Tauranga and Hamilton will be able to use the pool of loans for roads and water infrastructure in new housing areas.

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CARYS MONTEATH
Mike Greer, right, shows Prime Minister John Key around the BeachGrove development in Kaiapoi, where Mike Greer Homes is building 740 new homes.