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What was the final audited value of the component attributable to land that has fallen in value since Kāinga Ora purchased it, which was estimated on 19 June 2025 at approximately $40 million?

Answered Question 37957 (2026)
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Asked by

Kieran McAnulty

List MP · Labour Party

Question

  • What was the final audited value of the component attributable to land that has fallen in value since Kāinga Ora purchased it, which was estimated on 19 June 2025 at approximately $40 million?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Housing

Answer

To provide the information requested would take substantial effort and collation. In accordance with SR 210/6 I consider that the time, and hence the expense, of answering this question cannot be justified in this case.