Smaller Christchurch building companies struggling to find work
Despite a national need for builders, some Christchurch building companies are so desperate for work they are cutting margins to the point they are not making any money, they say.
New cost-cutting initiatives as home building surges again
A property wave looms as ANZ reports a surge in lending, Housing Minister Phil Twyford announces a new agency, and a supplies co-operative launches nationwide to shave thousands of dollars off the cost of a home.
New Zealand construction industry trends match the global pattern
Increasing demand for services is putting pressure on talent acquisition, with construction companies turning to technology to forecast hiring, manage costs, and grow revenue.
Lendlease loses $2.2b in two terrible days
Investors have deepened Lendlease's rut bringing the total value destroyed at the building giant over the last two trading days to almost $2.2 billion as debate continued on whether it should ditch its troubled engineering division.
Skilled Migrant and Essential Skills visas — changes to remuneration thresholds
The Essential Skills work visa and Skilled Migrant Category resident visa remuneration thresholds have been updated as part of our annual review.
InterContinental revealed for Auckland, Commercial Bay development hits $1b
NZX-listed landlord Precinct Properties plans to bring global hotel brand InterContinental to Auckland in a $298 million expansion of its now-$1 billion Commercial Bay city's waterfront project.
Vacancy tight across New Zealand’s office skylines
JLL has released their Q2 2018 Vertical Vacancy Review looking at prime office vacancy on a building by building, floor by floor basis across the Auckland, Wellington and Christchurch markets. The report covers over 70 of the best office buildings in New Zealand's main centres.
Transport and environment big winners in Auckland 10-year budget
Auckland mayor Phil Goff has gone big on transport and protecting the environment in his final proposal for the 10-year budget.
In what represents Auckland's largest ever investment in infrastructure, Goff announced on Monday the budget would pump $26.2 billion into the city over the next decade.
Wellington’s morning rush getting longer as commuters hit the road earlier to beat traffic
Wellington's traffic congestion is getting worse and the morning rush period is becoming longer as commuters try to beat the gridlock.