Construction workers to get a pay rise next year

It is expected that over half of the country’s building industry workers will receive a salary increase up to 5 per cent next year, annual salary guide by Hays Construction and the New Zealand Institute of Building (NZIOB) reports. The survey on salary and recruiting expectations shows that project managers, construction managers, quantity surveyors, estimators, […]

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Australian Skilled Dealers Falls Below Demand

Australian tradesmen are struggling to keep up as the country’s residential building market grows. Owing to the rapid rise of the residential construction industry in Australia, many trades are lacking seasoned professionals meet market demand. According to the Housing Industry Association’s recent Trades Report, bricklayering suffered the worst shortage, measuring -0.82 on the index (anything […]

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Auckland CBD Apartments Hit Record High

Research shows that 1216 new apartments, totalling up to over $600 million, will be built in Auckland’s central business district. If the target is met, this will be a record setter within the decade. According to Zoltan Moricz, Senior Director and Head of Research at real estate agents and consultants CBRE New Zealand, 343 new […]

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Economy gets boost from building sector

New Zealand’s booming construction sector remains one of the main pillars for the country’s economic growth, benefiting from an expanding population in need of housing and spurring activity in other industries. Government data today showed the construction sector grew 5 percent in the three months ended June 30, making the biggest contribution to a 0.9 […]

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Construction forecasting until 2021

Two reports and a web tool were released by the Tertiary Education, Skills and Employment Minister Steven Joyce and Building and Housing Minister Nick Smith, to assist planning in New Zealand’s building and construction sector. Over the past months, much is speculated with the booming activities and projects around the New Zealand construction industry and […]

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