3. Question No. 3—Prime MinisterHon SIMON BRIDGES (Leader of the Opposition) to the Prime MinisterQuestion No. 3—Prime Minister3. Hon SIMON BRIDGES (Leader of the Opposition) to the Prime Minister: Does she stand by all her Government's statements policies and actions?Rt Hon JACINDA ARDERN (Prime Minister): Yes I do.Hon Simon Bridges: Does she agree with advice from the Ministry of Business Innovation and Employment (MBIE) that $2 billion is insufficient working capital to meet the target of 10000 homes per annum (on an optimistic average three-year recycling of the capital only 1000 homes could be built per year)"; if not why not?Rt Hon JACINDA ARDERN: Again we're talking about the supply issue which is a good thing to be talking about. As a Government we are actually doing something about the housing crisis. What the member is referencing was a strawman put up by MBIE in a paper which he then turned into—as I believe—a press release and the New Zealand Herald later had to correct the story when we provided information to them that demonstrated that that member was patently incorrect.Hon Simon Bridges: When she says the Government is working with the private sector is that simply another way of saying that the Government is buying properties off developers that were being built anyway thus not increasing supply at all?Rt Hon JACINDA ARDERN: No.Hon Simon Bridges: Is the Government subsidising private developers?Rt Hon JACINDA ARDERN: No.Hon Simon Bridges: Does she stand by her statement in relation to KiwiBuild houses in Wānaka "there is demand there" and that not selling houses through the ballot system is a "hypothetical"?Rt Hon JACINDA ARDERN: As I understand we've sold now seven of the houses out of 10—[Interruption] hold your horses—off the plan so before they've even been built we have sold those houses. There are a remaining—[Interruption] They're getting very excited about three remaining houses over there. There are three remaining houses which we remain confident once built will be sold.Hon Simon Bridges: Is she aware that her houses in the New Plymouth KiwiBuild development are going to cost around $100000 more than the median house price in the area?Rt Hon JACINDA ARDERN: If he's talking about the area that was absolutely neglected shamefully by that last Government—shamefully—with State houses in a dire need we need a rejuvenation in that community and it has been widely welcomed by the New Plymouth community because we not only need affordable houses; we also need more and better State houses.Hon Simon Bridges: Can she confirm then that those KiwiBuild development houses are going to cost around 100 grand more than the median house price in the area?Rt Hon JACINDA ARDERN: Given that member's issues with accuracy of information to the New Zealand Herald this week I'm not going to confirm anything that he puts to me.Hon Simon Bridges: Why are KiwiBuild houses in New Plymouth going to cost around $100000 more than the median price in the area?Rt Hon JACINDA ARDERN: I'm not going to answer a question based on assertions by that member. Again if the member had a little bit of credibility in the way he's used numbers in previous questions perhaps I would but he does have the option of putting a question on notice if he chooses to.Hon Simon Bridges: What does she say to Gareth Kiernan an economist at Infometrics who in relation to the KiwiBuild houses announced in New Plymouth has said "It almost seems like they've chosen it because it's somewhere they can stick houses and meet their target price without giving it any thought."?Rt Hon JACINDA ARDERN: I would absolutely disagree with that assertion."