Mike's Minute: Again, get housing out of fast-track episode artwork

EPISODE · Sep 11, 2026 · 2 MIN

Mike's Minute: Again, get housing out of fast-track

from The Mike Hosking Breakfast · host Newstalk ZB

As an extension to the 5% first home buyer deposit policy the National Party has released and the Labour Party is backing, can we possibly learn from its practicality and apply it to areas that are increasingly fraught?  I cite fast-track.  Fast-rack is an excellent idea. It gets things done better than what we had previously. Just ask the Tauranga Port; they spent seven years going nowhere under old rules while under fast-track it took five months to be sorted.  But on housing we have trouble.  I've raised this with the Prime Minister, but he doesn’t get it or want to get it.  The key to successful election campaigns is offering simple, practical solutions to what voters perceive as problems. It's called retail politics.  A 5% deposit for a young person is material and it's practical.  Fast-track housing developments have turned into exactly what I said they would – trouble. Angsty, edgy, piss-people-off trouble.  The Auckland Council is now considering refusing services to new developments. This is just the start.  Any number of fury-filled meetings have been held, from Central Otago to Northland, to Auckland and to Christchurch over large-scale, 1000+ housing developments that are using fast-track to get the tick of approval.  This will cost the Government votes.  All the esoteric nonsense like bank buybacks and AI centre funding and breaking up supermarkets is beltway wonkery. Getting your backyard upended is real.  They have to get large scale housing out of fast-track.  Luxon argues every time I raise it that it's not just about housing, and he's correct. But that doesn’t address the elephant, and if he doesn’t address it, the voter will.  The practicality and success of a 5% deposit for a house is directly connected to fast-track.  Think about it – for average voters it's about their life. Can they afford a home and is their home their castle? Is their neighbourhood theirs?  While 5% solves one, fast-track housing risks another.  Ask yourself this question: are we in desperate need of tens of thousands of new houses, in a stagnant market and falling prices?  It staggers me they can't see this. Politically, they need to join the dots, and fast. See omnystudio.com/listener for privacy information.

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Mike's Minute: Again, get housing out of fast-track

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