Latest / The Kākā by Bernard Hickey
Monday’s Chorus: Inside Simplicity's 25k home building fund
TL;DR: The key news in Aotearoa’s political economy today includes:
* Non-profit Kiwisaver fund Simplicity is launching a fund to snare up to 5% of the $235 billion market for household savings in banks to raise the $12 billion needed to build up to 25,000 affordable homes in build-to-rent projects and via community housing providers (Hear my interview above with Simplicity CEO Sam Stubbs and Community Finance CEO James Palmer);
* Decades of under-funding and staff losses to Australia mean half of heart surgeries are now overdue, with 69% overdue in the Waikato regions and specialists…
The skinny
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