Children and young people have what they need
This Budget 2019 initiative aims to improve the home ownership rate of Pacific people. This was built on in Budget 2020, with the introduction of Improving Housing for Pacific Families and Communities, led by the Ministry for Pacific Peoples. This initiative includes the delivery of financial capability services, which will provide Pacific families and communities with the financial tools they need to help them manage their finances during and after economic shocks such as COVID-19, and to support savings towards home ownership.
In 2021, 15 organisations specialising in budgeting and financial services were contracted to support over 1,000 Pacific people who have enrolled in the Pacific Financial Capability Development programme.
Update - A new strategy for Pacific housing
In November 2022, a new strategy for Pacific housing brought together new and existing housing initiatives together to improve home ownership for Pacific people.