Source: Workers First Union
Health Governance – Māori maternal mental health at greater risk as fuel support package falls short, warns Hine ki te Wheiao
Source: Ki tua o Matariki
Health Governance – Progress on government’s mental health targets is positive, but challenges remain for young people
Source: Te Hiringa Mahara – Mental Health and Wellbeing Commission
Politics – Federated Farmers propose major shake-up of local government
Source: Federated Farmers
Fire Safety – Restricted fire season for Manawatū-Whanganui coastal zone
Source: Fire and Emergency New Zealand
Southland leads regional GDP increase in year to March 2025 – Regional gross domestic product: Year ended March 2025 – Stats NZ news story and information release
Property Market – NZ property market stabilising as more suburbs record price gains – Cotality
Property values in more than half of New Zealand suburbs have stabilised or risen in the past three months, suggesting the country’s housing market is gradually finding its footing after several subdued years.
The latest update of Cotality’s Mapping the Market interactive tool, which provides suburb-level property insights across the country, shows 56% of suburbs recorded either stable or rising standalone house values over the three months to March. That is up from 44% three months earlier, indicating a modest strengthening in market conditions.
Cotality NZ Chief Property Economist Kelvin Davidson said the figures show the national market may appear subdued on the surface, noting results were more nuanced as more suburbs stabilised or recorded modest gains.
“At a high level, the NZ property market has been trending sideways in recent months,” he said.
“Sales activity has been lifting for some time now, but elevated listings are still keeping pricing power largely with buyers, which is why overall value growth has remained fairly subdued.”
“But suburb-level figures show that the cautious attitude does not apply everywhere.”
Rural regions showing resilience
Some of the strongest value gains have emerged in regional areas with 30 suburbs recording house value growth of at least 3%, with many located in Southland, Otago and the West Coast.
Among the strongest performers were Karitane in Dunedin and Blackball in Grey District, which each saw house values rise by more than 6%, while Mataura in Gore recorded growth of more than 4%.
Mr Davidson said relatively better affordability and the strength of the farming sector at a regional level had likely supported housing demand in those regions.
“Some of the more affordable regional markets linked to strong rural economies have been holding up well,” he said.
“That combination of lower price points and stable local economic conditions can provide a bit more resilience when the broader market is subdued.”
Patchy results across cities
While some regional areas have shown resilience, conditions in some other markets remain mixed.
Suburbs such as Crofton Downs and Kelburn in Wellington recorded house value growth of 3 – 4% in the March quarter, while Stillwater in Auckland and Aranui in Christchurch both rose by almost 2%.
However, declines were also recorded elsewhere across the country. For example, Little Wanganui in Buller fell by around 6%, while Wellsford in Auckland’s Rodney district dropped by almost 3.5%.
Mr Davidson said the suburb-level data highlights the uneven nature of the housing market at present.
“When you drill down to suburb-level data, conditions become much more varied. Some areas are already seeing values stabilise or edge higher, while others remain softer depending on local economic conditions, supply levels and affordability,” he said.
Townhouse markets remain softer
For townhouses and flats, 53% of suburbs recorded stable or rising values over the three months to March, indicating slightly weaker conditions than the standalone housing market.
A total of 45 suburbs recorded townhouse value increases of at least 3%, with 10 suburbs rising by 5% or more, including Tauranga South, Belleknowes in Dunedin, and Oamaru.
However, several areas also recorded declines, including Wesley and Goodwood Heights in Auckland, which both saw values fall by more than 3%.
Mr Davidson said the pipeline of new housing supply is still putting some downward pressure on prices in certain areas, such as Auckland, where there’s been a significant pipeline of fresh townhouses completed.
Wide price differences across NZ suburbs
Among standalone houses, Herne Bay in Auckland remains the country’s most expensive suburb, with a median house value of around $2.99 million, followed by Saint Marys Bay at $2.86 million.
At the other end of the spectrum, several suburbs have median house values below $300,000, including Patea in South Taranaki, Blackball in Grey District, and Clinton in Clutha.
Mr Davidson said Mapping the Market helps reveal the diversity of housing markets across the country.
“The suburb-level data highlights just how different local housing markets can be,” he said.
“Even within the same region, property values and trends can vary quite significantly depending on local supply, demand and economic conditions.”
Outlook points to modest growth
Mr Davidson said NZ’s housing market is positioned for modest value growth through 2026, adding that the General Election, debt-to-income lending restrictions and global economic risks would remain important factors to watch.
“Affordability has improved compared with the peak of the market, mortgage rates have stabilised and listings appear to be easing slightly,” he said.
“Those factors should support some gradual value growth this year, but buyers and sellers remain cautious, so the prospect of a boom looks unlikely.”
Legislation – Rally Against the Health & Safety at Work Amendment Bill – PSA
Source: PSA
Te Awa Lakes welcomes IFF funding to unlock 1500-house development in Hamilton
Spurce: Te Awa Lakes
Te Awa Lakes has welcomed Government’s use of the Infrastructure Funding and Financing Act 2020 (IFF) to unlock 1500 houses in northern Hamilton’s largest greenfield development.
The IFF transaction, facilitated by National Infrastructure Funding and Financing Limited (NIFF), will provide $50 million of funding toward delivery of bulk infrastructure such as upgrade of roads, stormwater lake and outlets and other key bulk infrastructure to be delivered by the developer.
This funding is one of the first of its kind to support unlocking greenfield developments for housing, and is in line with the Government’s 3 pillars of “Going for Housing Growth.”
Te Awa Lakes is a fully master planned development that falls within the Future Proof Strategy Northwest Priority Development Area of the high-growth urban area of Hamilton. With an average annual population growth of 2%, demand for new dwellings and amenities is projected to increase by around 56% out to 2050, equating to a demand for an estimated 61,285 dwellings across the sub region.
Richard Coventry, Managing Partner of the Te Awa Lakes JV says, “The IFF funding tool is a game changer for Te Awa Lakes and the northern growth node of the region, as without this tool the infrastructure delivery would be fully reliant on direct developer funding, which is too slow and cannot keep pace with the demand for the region.
“We fully anticipate that this funding tool will not only accelerate the construction of housing for early stages of Te Awa Lakes, but it will also unlock other developable land in the northern node and gateway of the region.”
Politics – Workers will never forget van Velden’s damaging legacy – PSA
- Cancelled pay equity for more than 150,000 women workers
- Made it harder to bring pay equity claims in future
- Axed Fair Pay Agreements
- Reinstated 90-day fire at will trials
- Made it easier to fire workers at will by weakening personal grievance rules
- Suppressed minimum wage increases
- Appointed more business aligned members to the Employment Relations Authority
- Delivered employer contracts for Uber
- Proposing to cut back sick leave and annual leave for part-time workers
- Proposing to make workplaces less safe.
