The Housing Minister says he's proud of Kainga Ora for surpassing its savings target. 

The housing agency's latest annual report shows operating costs were reduced by $191 million – well above the $27 million goal. 

Minister Chris Bishop told Mike Hosking the biggest change is debt, which is now $9.5 billion lower than the $29 billion forecast.  

He says reducing the cost of building these houses has helped, assuring that while they're not flash, they're still warm and dry.  

LISTEN ABOVE 

The Housing Minister says he's proud of Kainga Ora for surpassing its savings target.&nbsp;
The housing agency's latest annual report shows operating costs were reduced by $191 million – well above the $27 million goal.&nbsp;
Minister Chris Bishop told Mike Hosking the biggest change is debt, which is now $9.5 billion lower than the $29 billion forecast. &nbsp;
He says reducing the cost of building these houses has helped, assuring that while they're not flash, they're still warm and dry. &nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Chris Bishop: Housing Minister on Kainga Ora surpassing its savings target, reducing its debt

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1dde1595-48f0-454d-912d-b4e801397eea/transcript