Kāinga Ora reports NZD 191 million operating cost reductions
New Zealand’s government reported Kāinga Ora’s 2025/26 results on 20 October. The social-housing agency delivered NZD 191 million in operating cost reductions and recorded a net deficit before tax of NZD 140 million.
Event / data period: 2026-10-20
Published: · Updated:

Average building costs fell from NZD 3,290 per square metre in the first quarter to NZD 2,713 at year-end. This measure covers above-ground construction of standalone social homes and excludes GST; it is not a nationwide index for all housing costs.
Data
Kāinga Ora reports NZD 191 million operating cost reductions
| Operating cost reduction,2025/26 | 191 |
| Net deficit before tax,2025/26 | 140 |
Methodology
Values are transcribed from the official release. The table unit and row description define the scope; no currency conversion or forecast is calculated.
Updated:
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