Precinct Properties plans to funnel over $300 million into housing in Auckland CBD.

The company has announced it'll build student accommodation of 500 units on Queen Street, to boost housing in the city centre.

CEO Scott Pritchard says moving toward residential property is a natural next step.

"For a long time now, we've been developing commercial office - and in the last few years, we've sort of moved into mixed-use development where you add retail and other uses to offices."

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Precinct Properties plans to funnel over $300 million into housing in Auckland CBD.
The company has announced it'll build student accommodation of 500 units on Queen Street, to boost housing in the city centre.
CEO Scott Pritchard says moving toward residential property is a natural next step.
"For a long time now, we've been developing commercial office - and in the last few years, we've sort of moved into mixed-use development where you add retail and other uses to offices."
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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.

Heather du Plessis-Allan Drive

Scott Pritchard: Precinct Properties chief executive confirms move into residential property through proposed Auckland CBD project

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/38e0c393-e2bc-4814-a1e4-b1860075ff4c/transcript

There's assurance scoping work on a second Auckland Harbour crossing is still under way, with plans expected mid-year.

Two Transport Agency reports have detailed defects in the 67 year-old bridge, and warn it's at risk of failure.

It says without long-term strengthening work, month-long lane closures, truck limits, and more wind-related restrictions are on the cards.

Chris Bishop says he won't be the Transport Minister who produces a pie-in-the sky idea that turns to custard.

He says they're taking an evidence led approach, engaging with the market, doing geotechnical assessments and extensive studies.

LISTEN ABOVE

There's assurance scoping work on a second Auckland Harbour crossing is still under way, with plans expected mid-year.
Two Transport Agency reports have detailed defects in the 67 year-old bridge, and warn it's at risk of failure.
It says without long-term strengthening work, month-long lane closures, truck limits, and more wind-related restrictions are on the cards.
Chris Bishop says he won't be the Transport Minister who produces a pie-in-the sky idea that turns to custard.
He says they're taking an evidence led approach, engaging with the market, doing geotechnical assessments and extensive studies.
LISTEN ABOVE

Chris Bishop: Transport Minister on the progress being made on a second Auckland Harbour crossing

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/938dd9cc-e742-4772-a348-b44800643c55/transcript

A new poll has the coalition returning to power - despite a drop in support for the minor Government parties. 

The latest Taxpayers' Union Curia poll has National up slightly to 30 percent and Labour down to 31.9 percent.

Newstalk ZB senior political correspondent Barry Soper says the minor parties have taken a hit, with ACT and NZ First looking less solid than they did in earlier polls. 

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A new poll has the coalition returning to power - despite a drop in support for the minor Government parties.&nbsp;
The latest Taxpayers' Union Curia poll has National up slightly to 30 percent and Labour down to 31.9 percent.
Newstalk ZB senior political correspondent Barry Soper says the minor parties have taken a hit, with ACT and NZ First looking less solid than they did in earlier polls.&nbsp;
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Barry Soper: Newstalk ZB senior political correspondent on the coalition looking likely to lead according to new poll

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/157af232-21a5-4b1a-b77a-b4480061d9f0/transcript

The Australian federal budget is set to be delivered tonight, and it's promising big changes.

Treasurer Jim Chalmers says the budget will feature 'more than the usual amount of savings and more than the usual amount of reform'.

Australian correspondent Murray Olds says this will appeal to younger voters, as concerns have been raised about intergenerational inequality and the housing market. 

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The Australian federal budget is set to be delivered tonight, and it's promising big changes.
Treasurer Jim Chalmers says the budget will feature 'more than the usual amount of savings and more than the usual amount of reform'.
Australian correspondent Murray Olds says this will appeal to younger voters, as concerns have been raised about intergenerational inequality and the housing market.&nbsp;
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Oliver Peterson: Australian correspondent ahead of the 2026 Australian federal budget being handed down

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/692ce578-906d-444b-92c6-b4480059a6d3/transcript

Scott Pritchard: Precinct Properties chief executive confirms move into residential property through proposed Auckland CBD project

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