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Housing Minister 'really proud' as Kainga Ora surpasses savings target

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Newstalk ZB,
Publish Date
Tue, 20 Oct 2026, 8:01am
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Photo / Mark Mitchell

The Housing Minister says he's proud of Kainga Ora for surpassing its savings target. 

The housing agency's latest annual report shows operating costs were reduced by $191 million – well above the $27 million goal. 

Minister Chris Bishop told Mike Hosking the biggest change is debt, which is now $9.5 billion lower than the $29 billion forecast.  

He says reducing the cost of building these houses has helped, assuring that while they're not flash, they're still warm and dry.  

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