New Zealand exempts minor building work under NZ$65k from building levy to reduce construction costs and aid housing crisis.

New Zealand's government is exempting minor building work from the building levy to reduce construction costs and remove red tape. Starting July 1, projects under NZ$65,000 including GST will be exempt, potentially saving Kiwi families up to NZ$113 on small home improvements. The move aims to tackle high construction costs and contribute to a solution for New Zealand's housing crisis.

March 11, 2024
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