Further to reply 30727 (2026), what was the estimated cost to Kāinga Ora of building "shells" under the WelTec partnership, and at what point was a decision made that this cost was too high?

Answer

Kāinga Ora informs me that the estimated cost to Kāinga Ora of purchasing a shell under the WelTec Trade Academy partnership was approximately $220,000 per unit with further spend required to complete the unit to Kāinga Ora standards. As this exceeded the cost of comparable completed units available through other Trade Academy partnerships, the partnership was discontinued.