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Construction

Government to enable Auckland building material manufacturers to resume work in lockdown to ease supply pressures
7th Sep 21, 2:58pm
13
Government to enable Auckland building material manufacturers to resume work in lockdown to ease supply pressures
Fletcher Building's NZ residential construction business enjoyed a whopping 141% rise, helping drive a turnaround for the company from a loss to a $305 mln profit
18th Aug 21, 9:01am
20
Fletcher Building's NZ residential construction business enjoyed a whopping 141% rise, helping drive a turnaround for the company from a loss to a $305 mln profit
Owner-occupiers have been able to buy KiwiBuild houses since mid-2020, when the Government quietly broadened the scheme in fear house building would plummet
30th Apr 21, 1:16pm
11
Owner-occupiers have been able to buy KiwiBuild houses since mid-2020, when the Government quietly broadened the scheme in fear house building would plummet
The number of new homes being consented continues to rise but commercial building work remains patchy
4th Mar 21, 8:00am
21
The number of new homes being consented continues to rise but commercial building work remains patchy
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson
1st Mar 21, 2:08pm
38
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson
The strong housing market has helped propel Fletcher Building's NZ residential construction business to a 130% rise in profits
17th Feb 21, 9:16am
4
The strong housing market has helped propel Fletcher Building's NZ residential construction business to a 130% rise in profits
David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
17th Feb 21, 8:11am
22
David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
16th Feb 21, 8:27am
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In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
15th Feb 21, 11:53am
15
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
Westpac economists say the severe housing shortages that have been dogging New Zealand are now 'rapidly eroding'
9th Feb 21, 10:27am
10
Westpac economists say the severe housing shortages that have been dogging New Zealand are now 'rapidly eroding'
Business confidence recovers on back of strong demand for construction, according to NZIER's latest quarterly survey
19th Jan 21, 10:40am
1
Business confidence recovers on back of strong demand for construction, according to NZIER's latest quarterly survey
Property and residential construction company Stonewood Group launches a finance arm to fund residential developments
20th Nov 20, 7:35am
27
Property and residential construction company Stonewood Group launches a finance arm to fund residential developments
Fletcher Building says demand for its new houses in this country has been 'robust'
10th Nov 20, 10:06am
6
Fletcher Building says demand for its new houses in this country has been 'robust'
The number of new dwelling consents issued has declined for three months in a row
30th Sep 20, 11:39am
18
The number of new dwelling consents issued has declined for three months in a row
David Hargreaves says the country should never again be allowed to fall as far behind with its housing supply as it did in the wake of the global financial crisis
7th Sep 20, 3:11pm
68
David Hargreaves says the country should never again be allowed to fall as far behind with its housing supply as it did in the wake of the global financial crisis
Fletcher Building offers downbeat view of year ahead after confirming loss of $196 mln for year to June 2020
19th Aug 20, 9:00am
15
Fletcher Building offers downbeat view of year ahead after confirming loss of $196 mln for year to June 2020
Fletcher Building takes the unusual step of announcing what its results will be eight days before the official results announcement
11th Aug 20, 8:59am
33
Fletcher Building takes the unusual step of announcing what its results will be eight days before the official results announcement
Consents for 3554 new homes were issued in May, the highest number since May last year
1st Jul 20, 11:38am
12
Consents for 3554 new homes were issued in May, the highest number since May last year
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
10th Jun 20, 10:50am
7
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
Fletcher Building says the lockdown resulted in it losing $55 million in New Zealand during April; sees residential building consents plummeting by 30% over the next year
20th May 20, 8:56am
119
Fletcher Building says the lockdown resulted in it losing $55 million in New Zealand during April; sees residential building consents plummeting by 30% over the next year
Much bigger drop in commercial building consents than residential building consents
5th May 20, 11:38am
14
Much bigger drop in commercial building consents than residential building consents
The total value of building consents hit $23.2 billion in the year to January - up 8% on the previous 12 months
4th Mar 20, 1:03pm
1
The total value of building consents hit $23.2 billion in the year to January - up 8% on the previous 12 months
Government's transport package takes the wind out of the Opposition's sails, but new promises put it under more pressure to deliver
30th Jan 20, 8:30am
92
Government's transport package takes the wind out of the Opposition's sails, but new promises put it under more pressure to deliver
Government's transport package welcomed by most except for Greenpeace; Focus on continuity of work, availability of labour and spread of funding across the country
30th Jan 20, 6:47am
20
Government's transport package welcomed by most except for Greenpeace; Focus on continuity of work, availability of labour and spread of funding across the country