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Crackdown in construction industry to overcome ‘boom-bust’

The government plans to crack down on its procurement in the construction industry in a bid to get rid of a culture of price undercutting. The crackdown, announced in Auckland this morning, is part of its roadmap to address skills and labour shortages in the construction industry. Minister for Building and Construction Jenny Salesa announced […]

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Council-owned residential village for Henderson

On Friday 24 August, Auckland Mayor Phil Goff marked the beginning of construction for a new village for older residents in Henderson. The project will comprise 40 apartments and will be managed by community housing provider Haumaru Housing, a partnership between Auckland Council and the Selwyn Foundation. Mayor Goff says, “Housing delivered through our partnership with the Selwyn […]

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Are banks playing the part in construction?

Bankers’ Association Acting CEO Antony Buick-Constable rejects suggestions banks are not playing their part in the construction sector and says bank lending to the sector is at its highest since the GFC. These are the best of times and worst of times for the construction industry. New Zealand is in the middle of a building boom […]

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Fletcher, Ross Taylor

Fletcher Building in red, posts $190m loss, no dividend for shareholders

Fletcher Building has made a $190 million loss, only the second time since listing on the NZX in 2001 that it slipped into the red, shareholders will get no dividends for the full year and no trading update has been provided. The company with a market capitalisation of $5.8 billion this morning released its annual […]

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Auckland, NZ, NewZealand, Onehunga, Wharf

Onehunga Wharf key for neighbourhood revitalisation

    Onehunga Wharf has been acquired by Auckland Council in a move that will be critical to the revitalisation of Onehunga over the next 30 years.   The vision for the wharf is that it will be transformed into a new community, with homes, cafés, retail and public spaces, while retaining its seafaring history […]

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Putting the garden back into the Garden City

A short stroll through Christchurch and it’s clear that new life is being breathed into the city on every block. Greenspaces are in abundance, while thousands of new and exotic trees have been planted across the CBD, restoring its green image while also rebuilding the city’s heart. It’s been seven years since a 6.3 magnitude […]

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A challenge for KiwiRail, Bridge Replacement

Replacing a rail bridge’s piers without stopping the trains has set a unique challenge for KiwiRail engineers and contractors in the South Island. Bridge 72 on the Main South Line crosses the Opihi River around 2 km south of Temuka. The 512 m bridge was built in 1932 to replace the original, constructed in the […]

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Architect look to create an Airbnb for prefab flats

An architect is creating an online network that will allow Aucklanders to rent out their backyards through temporary prefabricated granny flats. Slimby, or shared living in my backyard, is a Master’s project that urban planning expert Tommy Honey is working on at Auckland’s Unitec’s Tech Futures Lab to bring together home owners wanting to subdivide […]

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Residential building hit 15-year high

Auckland residential building consents hit a 15-year high for May, while any gains in the South were relatively modest. Nationally, new residential consents for May rose from 2794 a year ago to 3407, which was the highest monthly total since June 2004, Statistics New Zealand construction statistics manager Melissa McKenzie said. “Auckland consented more new […]

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Fletcher Building Announces Auckland Factory

Fletcher Building will be releasing more details on its new high-tech fast house-building factory next month. Chief executive of residential and land development at Fletcher, Steve Evans, announced a soon-to-open Auckland panelisation factory which will increase the pace of house-building. “We have a panelised factory that’s being negotiated now. We’re in the process of negotiating […]

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