Skip to main content

What inflation rates are used by Kāinga Ora to adjust for inflation when comparing Total Delivery Cost of Housing Delivery System delivered houses against the 2023/24 baseline for traditional redevelopment projects?

Answered Question 17946 (2026)
Question published
Reply lodged
Bookmark

Asked by

Kieran McAnulty

List MP · Labour Party

Question

  • What inflation rates are used by Kāinga Ora to adjust for inflation when comparing Total Delivery Cost of Housing Delivery System delivered houses against the 2023/24 baseline for traditional redevelopment projects?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Housing

Answer

Kāinga Ora - Homes and Communities advises me that it used the Building Cost inflation rate of two percent. This rate would allow for the comparison of the real cost to build residential homes between financial years.