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new zealand News

Sunday November 18, 2018

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Key Lessons Needed to Drive Green Building Movements Forward
Green
Wednesday June 13 2018

Key Lessons Needed to Drive Green Building Movements Forward

Since the inception of the first green building council in 1993 (the United States Green Building Council), the push toward sustainable practices in construction has gathered...

NZ Building Work UP in Sept Quarter
Business
Monday December 11 2017

NZ Building Work UP in Sept Quarter

The value of New Zealand building work gained in the September quarter, as both non-residential and residential activity increased.

Steel & Tube Pleads Guilty over Product Misrepresentation
Business
Wednesday November 29 2017

Steel & Tube Pleads Guilty over Product Misrepresentation

Steel & Tube Holdings has pleaded guilty to 24 charges of making false and misleading representations about its steel mesh products and will be sentenced...

NZ: New Dwelling Consents Falls
Residential
Wednesday November 1 2017

NZ: New Dwelling Consents Falls

Building consents for new dwellings fell in September from August, in what may be a sign the market is jittery about the new government.

Christchurch Sees Slowing Construction activity
Business
Wednesday November 1 2017

Christchurch Sees Slowing Construction activity

Construction activity is slowing in Christchurch, Dunedin and Hamilton and picking up in Wellington, Auckland and Queenstown, based on the RLB Crane Index.

Christchurch Homeowners’ Class Action to Proceed
Residential
Tuesday October 31 2017

Christchurch Homeowners’ Class Action to Proceed

The Court of Appeal has rejected an attempt by government-owned insurer Southern Response Earthquake Services to throw out a class action lawsuit from Christchurch homeowners whose...

New Zealand to Ban Foreign Property Purchases
Residential
Monday October 30 2017

New Zealand to Ban Foreign Property Purchases

The new government in New Zealand has vowed to introduce legislation to ban foreign property buyers from purchasing existing homes.

Fletcher Outlines Problems, Names CEO
Business
Saturday October 28 2017

Fletcher Outlines Problems, Names CEO

Fletcher Building has taken a further $125 million provision against problematic construction contracts, including Auckland's international convention centre and the Justice Precinct in Christchurch, and says...

NZ:Building Costs Set to Moderate from Highs
Residential
Tuesday October 24 2017

NZ:Building Costs Set to Moderate from Highs

New Zealand building costs are expected to moderate given the low inflation environment, an inability to pass on rising costs, and as migrants help fill building...

Business
Aug 10 2018
NZ Reserve Bank May Hold Rate Until 2020

The Reserve Bank of New Zealand says it might not move the official cash rate for more than two years as it adds to voices pointing...

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Residential
Mar 15 2018
Auckland Housing Market Losing Steam

Auckland's overheated housing market is slowing, with price growth lagging behind other main centres, according to the latest monthly data from the Real Estate Institute of...

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Residential
Mar 9 2018
Auckland Real Estate Lags Rest of Country

Growth in Auckland property values continued to lag behind New Zealand as a whole in February, with the slowest pace in six months nudging the city's...

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Commercial
Mar 9 2018
Industrial Building Work Drives 4Q growth in New Zewland

The value of New Zealand building work rose in the fourth quarter as a flurry of activity in industrial and commercial accommodation properties, such as hotels,...

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Residential
Mar 6 2018
Auckland Real Estate Stable

House prices in Auckland are likely to remain stable over the remainder of the summer and autumn sales season as the number of properties on the...

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Business
Feb 27 2018
CBL Appoints Voluntary Administrators

NZX-listed CBL Corp has appointed voluntary administrators to "preserve value" after the Reserve Bank won a court order to place subsidiary CBL Insurance in interim liquidation...

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Business
Feb 22 2018
Fletcher Building Shares Hit 5-year low

Fletcher Building shares touched their lowest levels in more than five years on Wednesday after the company's first-half results, which were clouded by losses at its...

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Commercial
Feb 22 2018
Super Retail Group to buy Macpac for $135m

Super Retail Group will buy New Zealand outdoor brand Macpac for $A135 million.

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Business
Feb 19 2018
Formica May be Saleable Asset for Fletcher

Fletcher Building paid US$700 million to buy Formica Corp from private equity owners Cerberus Capital Management and Oaktree Capital Management in 2007.

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