NZ Construction Market Needs 51,000 workers

New Zealand Construction Market needs 51,000 workers New Zealand has been troubled with a shortage of affordable housing, an increasing population and a lack of construction workers. While foreign investors might have contributed to the skyrocketing property prices, the size and skill of the construction workforce is always the key Read more…

Eastfield Avenue Sees Violations

Construction sites in Eastfield Avenue, a large residential development area in eastern Auckland, was found violating building site rules after staff from Auckland Council’s regulatory team paid a site visit. Developers were held accountable as they did not comply to the rules. Regulatory compliance manager, Steve Pearce, said that this Read more…

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 Read more…

Fletcher to buy rival Higgins

Fletcher Building has gained clearance from the Commerce Commission to acquire Higgins Group Holdings, the rival construction company, after dropping Horokiwi Quarries from its application to reduce its dominance in the aggregates market. The Commerce Commission clearance has given Fletcher to acquire Higgins’ road surfacing and road maintenance, civil structure Read more…

World’s biggest builder in town

The world’s biggest construction company, part of the giant China State Construction Engineering Corporation, China Construction New Zealand was announced to have won the $200 million contract to build the luxurious Park Hyatt Hotel in Auckland’s Wynyard Quarter. CSCEC was named as the world’s biggest builder by revenue in 2012 Read more…

More Lands more Builders needed

The evident growth in building activities has been discussed around the country. In particular to Auckland, it dominated construction for both residential and non-residential construction as it grows for the fifth quarter in the March period. There is a lack of sufficient manpower and lands to match the demand and Read more…