NZ$1 bil­lion fund for Hous­ing cri­sis

Fiji Sun - - World News -

Welling­ton: Prime Minister John Key has an­nounced a new NZ$1 bil­lion (FJ $1.49 bn) fund to fast­track in­fra­struc­ture de­vel­op­ment by coun­cils with high new hous­ing de­mands.

The coun­cils cur­rently el­i­gi­ble to ac­cess the fund for such things as wa­ter and road­ing de­vel­op­ment are Auck­land, Hamil­ton, Tau­ranga, Christchurch and Queen­stown.

They are the cities that are ex­pected to have more than 10 per cent pop­u­la­tion growth in the next 10 years. NZ Her­ald

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