Auckland stories
Labour and supply chain pressures could slow the sector’s rebound, despite forecast construction growth of 5.5% this year.
Cheaper provincial suburbs have driven New Zealand's property boom, with Manunui up 51.8% and Hargest selling in just six days.
Other transport projects are being shelved nationwide as Auckland gets a $685m standalone bridge for cyclists and pedestrians.
Clients on major construction jobs will gain independent contract oversight as The Building Intelligence Group appoints Charles Brown in Auckland.
Construction on Auckland’s One Queen Street site will resume after a Covid delay, with a redesigned tower linked to Commercial Bay and a hotel.
The funding will create hundreds of jobs and lift freight reliability as ageing locomotives and wagons are replaced nationwide.
Hundreds of Southbase Construction staff have gained digital badges as standardised micro-learning helps lift consistency, safety and promotion prospects.
Government help may be needed as first-time purchasers’ share of the market falls to its lowest level since 2018, CoreLogic says.
Sales fell by more than 2,500 from March as investors and first-time buyers took a wait-and-see approach to tighter lending rules.
Limited funding means New Zealand risks missing out on AI benefits unless ministers set a coordinated plan for research, safety and growth.
Weaknesses in New Zealand’s PPP procurement have been laid bare after a review found early cost estimates and governance helped derail Transmission Gully.
Investors in Manawatu/Wanganui saw 25.3% capital gains and 4.0% yields, making it the country’s standout residential market.
Schoolchildren in Drury are cycling to class for the first time after a privately funded 9km path network separated them from heavy traffic.
Record prices and a 14-year sales high show New Zealand's housing market is still racing ahead despite tighter lending rules and tax changes.
Covering 35,000sqm, the wetland is meant to cut pollution, store floodwater and create habitat for endangered native wildlife in South Auckland.
Early clarity on route, funding and delivery could determine whether Auckland’s light rail eases congestion and unlocks more affordable homes.
Vacancy has risen across Auckland and Wellington, while retailers and landlords wait to see whether city centres can recover from lockdown losses.
Vacancy rose across Auckland and Wellington offices, shops and warehouses in 2020, but low rates and investor demand kept yields firm.
Precision hoses and fittings helped keep the 6-7 tonne AC75 foiling boats upright as the contest was decided by engineering as much as sailing.
Wellington has cut net emissions by 7% in 20 years despite 26% growth, as EV chargers and car share schemes reshape transport.
