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.
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.
Increasing demand for services is putting pressure on talent acquisition, with construction companies turning to technology to forecast hiring, manage costs, and grow revenue.
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.
The Essential Skills work visa and Skilled Migrant Category resident visa remuneration thresholds have been updated as part of our annual review.