Answered
Question 37020 (2026)
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Asked by
Arena Williams
Member for Manurewa · Labour Party
Question
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As Building and Construction Minister, does he believe that the cost of building and construction is affordable in New Zealand; if not, what areas specifically does he think are unaffordable?
Answered by
Hon Simon Watts
Member for North Shore · National Party · Minister for Building and Construction
Answer
I believe building costs in New Zealand remain too high overall. The main pressure points driving costs are the slow, costly consenting system, overly complex regulation, and previous liability settings that inflated risk and insurance costs.