Lloyd’s exit shakes up insurance
New Zealand’s major builders’ guarantee underwriter withdraws from market At the end of 2019, Lloyd’s of London, which underwrote three…
Industry Updates
Consents strong in December
December 2019 saw the year end on strong footing, after falling the previous month A total of 2,910 new dwellings…
First criminal sentence given to unlicensed builder
Christchurch builder Rodney James Day is the first builder to receive a criminal sentence, after he was found guilty in…
Government eyes more transformation
Minister for Building and Construction Jenny Salesa is aiming to boost productivity in the building industry with the launch of…
NEW HOME CONSENTS REACH 45-YEAR HIGH
New homes consented continue setting multi-decade highs, with the November year being the highest since 1974 A total of 37,010…
SHARING THE KNOWLEDGE
New Zealand Certified Builders (NZCB) has introduced a new membership category, ‘Rusty Hammers’, to encourage experienced older builders to mentor…
COMPULSORY INSURANCE ON HOLD
Amid concerns about providers’ ability to meet demand, the Government has postponed ruling on the introduction of mandatory insurance cover…
SMALL HOMES, BIG CONFUSION
A new building trend is gaining traction, but those leading the charge in its early stages are coming up against…
A VIEW FROM THE BOARD
The 2019 Annual Report of the Building Practitioners Board shows that the number of complaints against LBPs is low but…
2019 IN REVIEW – REGULATORY CHANGES
2019 was a year of changes for the building and construction sector, largely led by the Government. On the basis…
Small homes, big confusion
A new building trend is gaining traction, but those leading the charge in its early stages are coming up against…
The rise of cashflow challenges
Money in the bank still rules the construction sector, but a 2019 report shows there is an increasing number of…