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On 19 May 2022, the government allocated NZ$13.2 billion from the 2022 New Zealand budget to facilitate the establishment of the Health New Zealand and the Māori Health Authority over the next four years. This amount included $11.1 billion to address the cost pressures of the previous district health board system and $2.1 billion to set up the ...
As of 2019, the average house price in New Zealand exceeded NZ$700,000, with average prices in the country's largest city, Auckland, exceeding $1,000,000 in numerous suburbs. [33] The ratio between median house price and median annual household income increased from just over 3.0 in January 2002 to 6.27 in March 2017, with Auckland's figures 4. ...
This is the lowest rate of home ownership since 1951. This is partly due to the increase in New Zealand house prices which since 1990 have increased faster than any other OECD country. [56] Housing in New Zealand has been classified as 'severely unaffordable' with a score of 6.5 under the median measure housing affordability measure. [57]
Airbnb’s CEO isn’t happy with how the business has grown, and wants hosts to lower their prices: ‘We need to get our house in order’ Orianna Rosa Royle October 2, 2023 at 7:44 AM
In 2001, Housing New Zealand, the Housing Corporation, and part of the Ministry of Social Policy were combined into the Housing New Zealand Corporation, so that policy and administration for state housing are controlled by a single agency. [50] A program to modernise state houses was introduced after 1999.
The healthcare system of New Zealand has undergone significant changes throughout the past several decades. From an essentially fully public system based on the Social Security Act 1938, reforms have introduced market and health insurance elements primarily since the 1980s, creating a mixed public-private system for delivering healthcare.
On 1 October 2019 Kāinga Ora was formed by the merger of Housing New Zealand with its development subsidiary Homes, Land, Community (HLC) and the KiwiBuild Unit from the Ministry of Housing. Kāinga Ora is a large and important Crown entity, with assets of $45 billion and over $2.5 billion of expenditure each year.
The Public Health Agency (PHA) is a directorate within the New Zealand Ministry of Health responsible for managing population and public health. It was established on 1 July 2022 as part of a large scale reform of public health services in New Zealand.