Construction forecast to hit $43 billion
The annual National Construction Pipeline Report, which looks at the five-year construction forecast, shows strong activity through to 2024 with…
Industry Updates
Consents take upward turn in August
A total of 3,261 new dwellings were consented in August — a seasonally adjusted 0.8% increase, following 1.3% and 4%…
HIGHEST 12-MONTH PERIOD SINCE 1974
Despite the month of July experiencing a decrease in consents from June, the July year total was the highest recorded…
OVER 120 STANDARDS MADE FREE
The Ministry of Business, Innovation and Employment (MBIE) has funded more than 120 building standards to support building compliance MBIE…
GROSS PROFIT MARGINS INCREASE IN 2019
BDO’s 2019 Construction Survey Report has revealed some of the challenges facing the construction sector and, over the next few…
POLYTECHNICS SHAKE-UP CONFIRMED
The Government has announced it will merge the country’s 16 polytechnics into a single institute in 2020, and replace Industry…
Safety organisations putting their heads together
With the number of deaths in the construction industry having hit a decade high, safety organisations are working together to…
A 45-year high in new homes consented
Townhouses were the driving force behind new homes consents, which reached their highest level since 1974 A total of 3,687…
Building standards made more accessible
The Ministry of Business, Innovation and Employment (MBIE) has funded over 120 building standards After hearing concerns by building practitioners…
BDO survey: challenges facing a strong industry
Accounting and advisory firm BDO recently released its 2019 construction survey report, which revealed some of the challenges facing NZ’s…
MANDATORY INSURANCE LOOMING?
Yet more obligations on builders? Read more on MBIE’s review of insurance requirements MBIE is currently reviewing aspects of New…
SCORCHING SUMMER FOR BUILDING SECTOR
The March 2019 quarter set a strong tone for building activity, recording the strongest growth in three years Building activity…