More borrowing for Kāinga Ora to build new public housing
Housing agency’s total debt will exceed $12b as it borrows directly from Treasury’s New Zealand Debt Management office.
Kāinga Ora will be able to borrow more to keep on building State houses.
Government housing agency Kāinga Ora is going to be able to borrow up to another $2.75 billion this financial year to help it continue with its building programme.
Instead of issuing bonds to the private market, as it has largely done until now, Kāinga Ora will borrow from the Treasury’s New
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