# 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.

- Canonical URL: https://newsverum.com/en/news/new-zealand-kainga-ora-reports-operating-cost-reductions-2026
- Publisher: Newsverum
- Section: Infrastructure
- Country: New Zealand
- Published: 2026-10-21T00:44:02+00:00
- Updated: 2026-10-21T00:44:02+00:00
- Event / data period: 2026-10-20
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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

Methodology: Values are transcribed from the official release. The table unit and row description define the scope; no currency conversion or forecast is calculated.

| Indicator | Value |
|---|---|
| Operating cost reduction,2025/26 | 191 |
| Net deficit before tax,2025/26 | 140 |

Sources: <https://www.beehive.govt.nz/release/kainga-ora-turnaround-plan-continues-deliver> · Download data: [JSON](https://newsverum.com/api/v1/articles/new-zealand-kainga-ora-reports-operating-cost-reductions-2026/data/source-figures?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/new-zealand-kainga-ora-reports-operating-cost-reductions-2026/data/source-figures?lang=en&format=csv)

## Sources

- [New Zealand Government](<https://www.beehive.govt.nz/release/kainga-ora-turnaround-plan-continues-deliver>) (Source checked: 2026-10-21; Published: 2026-10-20)

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