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Daisy Apartments Spearheads Energy Efficiency

Auckland mayor Phil Goff  recently attended the opening ceremony of an almost car-free residential development. Daisy Apartments, located on Akepiro Street in Mount Eden, was given a 10-star rating for its 33 apartments and two parking spaces for shared cars. The complex earned the title of “New Zealand’s Greenest Apartment Building”, which was awarded by […]

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Parnell Terraces Leakage Work Nears Its End

A large scale Auckland leaky building repair project is due to wrap up this month following a whopping $24 million spent on fixing 81 townhouses. Body corporate chairman of Parnell Terraces on The Strand in Quay Park, Michael Rehm, explained that although the project deviated from its initial plan, the public will see significant progress […]

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NZ Build

Consumer Confidence Rises as Market Stabilises

Consumer Confidence Rises in January as NZ Build Market Stabilises Consumer confidence across the country has risen in January, ending a three-month decline, thanks to the improved economic outlook, better house prices and increasing spending on household items. The ANZ Roy Morgan consumer confidence index rose to 126.9 in January compared to 121.8 of December. […]

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KiwiBuild Will Carry Risk

Government officials informed Housing Minister Phil Twyford that KiwiBuild plan will carry risk. The new Minister was briefed by officials from several ministries regarding Labour’s housing policies as he came into office. At present, Labour’s biggest plan is KiwiBuild: to deliver 100,000 new affordable homes in the next ten years, with 50% in Auckland and […]

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Auckland Housing Lacks Affordability

Statistics show that 98 free market affordable homes have been built under the Auckland Housing Accord. However, Councillor Chris Darby who serves as the chair of Auckland Council planning committee criticises the Accord as a “dismal failure” in addressing affordability. The Housing Accord launched in October 2013 for a period of three years and was […]

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Auckland Buyers to Fund Local Housing Development

New home buyer charges are set to address infrastructure issues that are hindering housing development. The government will be setting up Crown Infrastructure Partners to fund transport and water connections to new housing development areas. The company will be working with a starting budget of $600 million. According to Phil Goff, the funding will allow […]

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Australia needs to prioritize housing affordability for its low-to-medium-income earners

Australia needs Affordable Housing

According to Dr. Matthew Thomas of Social Policy and Alicia Hall, housing affordability in Australia has broadly declined since the early 1980s. The price to income ratio index shows a tremendous 78% increase between 1980 and 2015. What can be done about it? The common argument is that there simply not enough new houses being […]

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Opportunities in Auckland under Construction

With the region and the country as a whole under construction. There is an urgency for more housing and infrastructure to carry an ever-increasing population. Granted, it will now rely heavily on related businesses to supply and fuel the momentum. Richard O’Brien of nzbizbuysell says commercial opportunities abound in booming construction times – especially if […]

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