It was expected to cost about $3.2 million to $3.5 million, with the committee seeking capital funding from the Government to cover much of the cost.
New Zealand
Fri, Aug 21
Hui Ka Yan pleaded guilty in April to a series of charges, including illegal absorption of public deposits, fraud and corporate bribery.
Crime and Justice
Thu, Aug 20
The brand-new units were bought for almost $22 million more than 18 months ago.
Housing affordability across the country has returned to average levels, with the past four to five years bringing marked relief for first-home buyers.
Wed, Aug 19
Being in negative equity may not be as much of a problem as some recent headlines might have you believe, one expert says.
Life
Tue, Aug 18
Total unpaid rates were $1.075 million in Masterton alone.
Politics
Mon, Aug 17
The enormous $300 million Seascape tower has been unfinished since construction stalled in 2024 after a fallout between the developer and contractor.
Business
Fri, Aug 14
A committee voted unanimously to chip seal the road despite residents' objections.
The 1940s home was billed as a "project you don't want to miss" and was being offered for sale on an "as-is, where-is basis".
Health
Thu, Aug 13
The Kāinga Ora Arlington development will build 104 social homes – about a third of the original plan for 301 homes.
A family that spent $110,000 on a premium solar power system fears the sale of a $9 million Kāinga Ora residential property opposite them could cast a literal shadow over their investment.
Tue, Aug 11
Effective from today, Kiwibank made changes to its 6-month, one-year, two-year, and three-year special and standard rates, as well as some term deposits.
Mon, Aug 10
The bank joins the country's largest bank, ANZ, along with Westpac and BNZ, in raising home loan and term deposit rates.
Thu, Aug 6
The council says 200 listings are under investigation and 64 non-compliant properties have been identified.
Wed, Aug 5
BNZ has raised its fixed home loan rates by up to 0.20%, becoming the latest lender to blame a surge in wholesale funding costs.
The Green Building Council demonstrated a low-cost air sealing method in a 145-year-old Dunedin flat, as it calls for NZ to catch up with countries like the UK on airtightness standards.
Tue, Aug 4
Residents in the Auckland suburb are concerned a planned housing development will block picturesque views and overshadow heritage buildings.
Sun, Aug 2
ANZ's latest Property Focus update notes house prices are largely on a "flat path".
New Zealand's housing market is going through the longest and deepest downturn in 30 or 40 years, property data firm Cotality says.
Sat, Aug 1
As he launches new home-grown show, Coastal Wonders, tomorrow night, we subject Tom Webster to a 1News Grill.
Hundreds of homes were set to be built on O'Donnell Ave, as part of the housing agency's Wesley West development.
Wed, Jul 29
Westpac NZ said the changes would take effect tomorrow, with its one-year advertised special rate rising 0.20% to 4.99% per annum.
Mon, Jul 27
People sometimes had a misconception that falling house prices meant defaults, a credit ratings expert says.
They seem to be everywhere, but do Kiwis need all these townhouses? And are they lowering the value of the homes that belong to the rest of us?
Sat, Jul 25
The vote, at a planning committee meeting yesterday, locks in the council's position for the next year on the Government's directive to zone for more homes.
Wed, Jul 22