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Kiwi News - Page 12

Agents report increasing confidence & activity
Real estate

Agents report increasing confidence & activity

Rising listings and stronger open-home turnout suggest buyers and sellers are regaining confidence as interest rates ease.

By Michael Curreen • 6 min read • Tue, 17th Sep 2024
Property remains New Zealand’s largest industry
Agricultural Technology

Property remains New Zealand’s largest industry

The sector now accounts for 15% of New Zealand's GDP, with 235,030 jobs and wider economic activity worth GBP £72 billion in 2022.

By Michael Curreen • 2 min read • Wed, 11th Sep 2024
Support lacking for at-risk construction workers
Construction

Support lacking for at-risk construction workers

Targeted support remains urgent for younger, female and LGBTQIA+ construction workers despite a rise in reported good mental health to 85%.

By Staff Writer • 4 min read • Wed, 11th Sep 2024
Futureverse selects Ripple Custody for digital asset security
Real estate

Futureverse selects Ripple Custody for digital asset security

Futureverse partners with Ripple Custody for secure digital asset management, leveraging Ripple's security and compliance strengths to bolster its AI and metaverse offerings.

By Imee Dequito • 3 min read • Tue, 3rd Sep 2024
First OCR drop in four years has immediate impact
Real estate

First OCR drop in four years has immediate impact

Buyer enquiries jumped 8.5% in the fortnight after the Reserve Bank’s cut, as more Kiwis moved into the market.

By Michael Curreen • 4 min read • Mon, 2nd Sep 2024
Deadly roller door collapse a result of ‘poor workmanship’
Law

Deadly roller door collapse a result of ‘poor workmanship’

WorkSafe has fined and ordered reparations after a faulty roller door installation killed a pastor at an Auckland church.

By Michael Curreen • 3 min read • Mon, 26th Aug 2024
CBD retail rents rebound
Real estate

CBD retail rents rebound

Demand from luxury retailers is pushing prime CBD retail rents higher in Christchurch, where vacancies have fallen to a seven-year low.

By Michael Curreen • 6 min read • Wed, 21st Aug 2024
Unusually active winter for property market
Housing

Unusually active winter for property market

Buyer demand picked up in July, with sales rising 14.5% year on year even as the national median house price slipped 2.2%.

By Michael Curreen • 7 min read • Tue, 20th Aug 2024
Confidence in construction returning faster than other sectors
Construction

Confidence in construction returning faster than other sectors

Amid softer overall sentiment, 94% of construction and manufacturing SMEs expect the next year to be better, research commissioned by Prospa shows.

By Staff Writer • 3 min read • Tue, 13th Aug 2024
A growing success in the Christchurch hotel market
Real estate

A growing success in the Christchurch hotel market

The new 42-room property adds needed accommodation near Te Pae, as Quest expands its Christchurch footprint despite economic headwinds.

By Michael Curreen • 2 min read • Thu, 8th Aug 2024
Project Oman
Supply Chain

Project Oman

The Muscat exhibition is set to draw builders and investors as Oman seeks more foreign trade and supply deals for major projects.

By Staff Writer • 1 min read • Thu, 8th Aug 2024
What’s behind NZ’s townhouse boom?
Housing

What’s behind NZ’s townhouse boom?

Townhouses now account for nearly half of new dwelling consents, with Auckland driving most of the rise as buyers seek cheaper homes.

By Michael Curreen • 4 min read • Mon, 5th Aug 2024
Five myths on smoke alarms ahead of new rules
Internet of Things

Five myths on smoke alarms ahead of new rules

Homes face tougher fire-safety rules from 1 November, with builders and owners urged to fit compliant interconnected smoke alarms before winter.

By Michael Curreen • 4 min read • Thu, 1st Aug 2024
Property values fall for fifth month running
Real estate

Property values fall for fifth month running

Flat house prices are helping first-home buyers as nationwide values slipped 0.5% in July, the fifth monthly fall in a row.

By Michael Curreen • 6 min read • Thu, 1st Aug 2024
How rolling back insulation standards would impact health and the economy
Housing

How rolling back insulation standards would impact health and the economy

The move could leave more New Zealanders in cold, damp homes, worsening respiratory illness and raising pressure on the health system.

By Michael Curreen • 4 min read • Fri, 19th Jul 2024
New initiative to reduce carbon emissions of buildings
Sustainability

New initiative to reduce carbon emissions of buildings

A free carbon database will help builders and architects cut the emissions of New Zealand's buildings, which account for up to 20% of the footprint.

By Michael Curreen • 3 min read • Thu, 18th Jul 2024
How will we pay for all these new houses?
Housing

How will we pay for all these new houses?

Councils say rates alone cannot fund the roads, footpaths and services needed for the Government’s housing push, after being left out of talks.

By Michael Curreen • 2 min read • Thu, 11th Jul 2024
10 things to know about the property market right now
Real estate

10 things to know about the property market right now

Buyers are still active, but high mortgage rates and new debt limits are making deals harder to close across the housing market.

By Michael Curreen • 4 min read • Wed, 26th Jun 2024
Earthquake-prone building rules under review
Real estate

Earthquake-prone building rules under review

Buildings may get longer deadlines as ministers weigh safety against the cost of seismic upgrades and mortgage pressure on owners.

By Michael Curreen • 4 min read • Fri, 21st Jun 2024