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    Our plan to start fixing the housing crisis

    Crack down on speculators


    Ban foreign speculators from buying existing homes

    Labour will ban foreign speculators from buying existing New Zealand homes. This will remove from the market foreign speculators who are pushing prices out of reach of first home buyers.

    Tax property speculators who flick houses within five years

    Labour will extend the bright line test from the current two years to five years. This will target speculators who buy houses with the aim of making a quick capital gain. Current exemptions from the bright line test will continue.

    Create a level playing field for first home buyers

    Speculators will no longer be able to use tax losses on their rental properties to offset their tax on other income which gives them an unfair advantage over people looking to buy their first home.

    Read more about our plans to end this loophole here >> 

     

    Read more about our plan to address housing demand here >>

    Build more affordable houses


    Build 100,000 affordable homes across the country

    Labour’s KiwiBuild programme will build 100,000 high quality, affordable homes over 10 years, with 50% of them in Auckland. Standalone houses in Auckland will cost $500,000 to $600,000, with apartments and townhouses under $500,000. Outside Auckland, houses will range from $300,000 to $500,000.

    Create an Affordable Housing Authority to fast-track development in our cities

    Labour will establish an Affordable Housing Authority to work with the private sector to cut through red tape and get new homes built fast. It will partner with private developers, councils and iwi to undertake major greenfields and revitalisation projects, building affordable homes with KiwiBuild and the private market. These homes will be part of great communities built around parks, shopping centres and transport links.

    Growing the building workforce

    Increased house-building will require a larger workforce. Labour’s Dole for Apprenticeships policy will subsidise employers to take on around 4,000 young people for on the job training in fields including building and construction. Labour’s policy of three years free post-school education will see tens of thousands more people study in all fields, including building and construction. KiwiBuild is projected to create 5,000 new jobs at its peak.

    Remove barriers that are stopping Auckland growing up and out

    Labour will remove the Auckland urban growth boundary and free up density controls. This will give Auckland more options to grow, as well as stopping landbankers profiteering and holding up development. New developments, both in Auckland and the rest of New Zealand, will be funded through innovative infrastructure bonds.

     

    Support for those in need


    Focus Housing New Zealand on helping people, not making a profit

    Labour will make Housing New Zealand into a public service rather than an SOE, and will substantially increase the number of state houses. Unlike the current government, Labour will not milk state housing for a dividend, and will end its programme of state house sales.

    Read more about our plans for Housing New Zealand here >>

    Take serious action to end homelessness

    Labour will take serious action to end homelessness in line with the recommendations of the Cross-Party Homelessness Inquiry.

    Require all rental homes to be warm, dry, and healthy.

    Andrew Little’s Healthy Homes Guarantee Bill is currently before Parliament. It will set standards that will require all rental properties to meet proper standards in: insulation, heating, ventilation, draught stopping, and drainage. This will ensure people who live in them don’t get sick.

    Invest in warm, dry homes

    Labour will invest the money from ending the tax loophole for speculators in grants to help 600,000 families insulate their homes or install a clean, fixed form of heating.

    Read more about our plan to insulate and heat more homes here >>

    Continue reading →
  • Grant Robertson interviews Tute Porter-Samuels

    Labour’s Finance Spokesperson Grant Robertson sat down with Tute Porter-Samuels, Deputy Principal at Wainuiomata Primary School, to discuss the challenges facing education in New Zealand and what should be included in this week’s budget to help relieve the pressure – smaller class sizes, more support staff and better funding for special needs education are top of her list…


    Andrew Little: Pre-Budget Speech 2017

    Good morning everyone, and thank you Grant for your introduction.

    I want to acknowledge the Chamber’s President Peter Cullen, and your CEO John Milford.

    It’s great to be with you all this morning to present Labour’s vision for our economy; our commitment to shared prosperity; our determination to creating opportunities for all New Zealanders.


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LATEST POLICY


Latest Headlines

Alfred Ngaro might be sorry – but to whom?

· May 24, 2017

The fact that the number of people classified as homeless on the Social Housing Register has doubled over the past year alone should be the real reason for Alfred Ngaro’s recent apologies, says Labour’s Social Development spokesperson Carmel Sepuloni.

“As at 31 March 2017, there were 898 applications on the Social Housing Register where the main reason provided for the application was ‘homelessness’. That’s an increase of 470 or 110 per cent in one year.

Government’s data-for-funding backdown embarrassing

· May 24, 2017

The Government’s U-turn on their shambolic attempt to collect private client data from social services is an embarrassment for a senior Minister, says Labour’s Social Development spokesperson Carmel Sepuloni.

“After months of criticism and mismanagement, the Government has finally cut its losses and backed down from its callous demands for private client data from social services in their new contracts.

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