Media release: New research shows modest investment could significantly boost housing development
Wellington (Wednesday, 7 August 2024) - The New Zealand Initiative has released a new research note examining how to implement revenue-sharing between central and local government, a policy the think tank has advocated for since 2013 and which the Government has now committed to pursue. The research note, titled 'Revenue Share' for Housing, explores options for councils to receive a portion of tax revenue from new housing developments, addressing New Zealand's persistent housing shortage. Read more