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What advice, if any, and from whom specifically, has the Associate Minister of Housing received on the extent to which retirement village operators rely on outgoing residents’ capital as a source of working capital or business financing?

Answered Question 33982 (2026)
Question published
Reply lodged

Asked by

Ingrid Leary

Member for Taieri · Labour Party

Question

  • What advice, if any, and from whom specifically, has the Associate Minister of Housing received on the extent to which retirement village operators rely on outgoing residents’ capital as a source of working capital or business financing?

Answered by

Hon Tama Potaka

Member for Hamilton West · National Party · Associate Minister of Housing

Answer

I have not received any advice directly on the extent to which retirement village operators rely on outgoing residents’ capital as a source of working capital or business financing.