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What independent verification, if any, was undertaken of any financial information or assumptions, provided by retirement village operators, before the government considered a six-month repayment period? and 2 other questions

Answered 35208, 35209, 35256 (2026)
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Asked by

Ingrid Leary

Member for Taieri · Labour Party

Questions

  • 35208

    What independent verification, if any, was undertaken of any financial information or assumptions, provided by retirement village operators, before the government considered a six-month repayment period?

  • 35209

    What independent verification, if any, was undertaken of any financial information or assumptions, provided by retirement village operators, before the government considered a nine-month repayment period?

  • 35256

    What independent verification, if any, was undertaken of any financial information or assumptions, provided by retirement village operators, before the government agreed to a 12-month repayment period?

Answered by

Hon Tama Potaka

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

Answer

The former Te Tūāpapa Kura Kāinga – Ministry of Housing and Urban Development (now part of the Ministry for Cities, Environment, Regions & Transport) undertook cost modelling of different maximum repayment timeframe (MRT) options, including a six month, 9 month, and 12 month MRT, as part of its advice to the Associate Minister of Housing. The cost model was reviewed by Te Ara Ahunga Ora – Retirement Commission. This cost modelling, data inputs, sources, and assumptions are set out in the Ministry’s Regulatory Impact Statement.