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
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
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
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
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
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
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
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
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...
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...
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...
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,...
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...
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...
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...
Super Retail Group to buy Macpac for $135m
Super Retail Group will buy New Zealand outdoor brand Macpac for $A135 million.
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.
NZ:House Sales Rise for First Time in Months
The number of property sales across New Zealand rose in January for the first time in seven months but people are taking more time to purchase,...