The Housing Minister has responded to the 'mismanagement' impacting Kāinga Ora - and enacted some changes.

A high-level review of the agency has revealed it's under-performing and isn't financially viable without significant savings.

The Government has today appointed a new Chair, former Spark CEO Simon Moutter, and a refreshed board will be in place by July.

Minister Chris Bishop says the Government's been bequeathed a difficult situation from their Labour-led predecessors. 

"Kāinga Ora is a financial basket case, they have received billions upon billions of dollars in debt over the last few years."

LISTEN ABOVE

The Housing Minister has responded to the 'mismanagement' impacting Kāinga Ora - and enacted some changes.
A high-level review of the agency has revealed it's under-performing and isn't financially viable without significant savings.
The Government has today appointed a new Chair, former Spark CEO Simon Moutter, and a refreshed board will be in place by July.
Minister Chris Bishop says the Government's been bequeathed a difficult situation from their Labour-led predecessors. 
"Kāinga Ora is a financial basket case, they have received billions upon billions of dollars in debt over the last few years."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.