Infrastructure / WORLD

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.

Reading sizeSources ↓Share story ↗
Conceptual illustration of transport, bridges and infrastructure connections.Illustration
Symbolic illustration

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

Table

Kāinga Ora reports NZD 191 million operating cost reductions

Operating cost reduction,2025/26191
Net deficit before tax,2025/26140
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:

Structured coverage

Subjects and places

Subject proposals

Geographic references

Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.

  • New Zealand · Place role: Coverage · Place type: Country or area · Location precision: Regional
    Evidence
Taxonomy version: IPTC Media Topics 2026-Q2

Continue reading