Builders will follow new Covid-19 rules from 3 December, with simpler site guidance and fresh advice on vaccinations, mental health and risks.
Record rents are keeping first-home buyers in the market, with mortgage payments still cheaper than paying to rent for many Kiwis.
Auckland’s waterfront mega-project clinched the top prize after beating 108 rivals, with judges praising its economic and social benefits.
Its portfolio value rose to GBP £3.5 billion as occupancies stayed near full and new build-to-rent projects were launched despite lockdown pressures.
Technology could cut waste and carbon emissions in construction as firms tackle delays, labour shortages and rising budget blowouts.
Record-low losses and near-universal gains in New Zealand’s housing market are being driven by tight supply, strong demand and cheap borrowing.
Rising pressure on housing and services means New Zealand cannot sustain pre-pandemic immigration levels without more public investment.
Delays and higher costs are looming for major infrastructure works as New Zealand struggles to secure enough gravel, timber, cement and steel.
A new tool could spare communities the disruption of council building closures by helping weigh safety risks against social and economic costs.
New Zealand’s median house price climbed by NZD $100,000 in October, with 10 regions hitting record highs amid tight supply and strong demand.
New Otago University research shows New Zealand’s construction workers face more than twice the suicide risk of the wider workforce.
A Dunedin office project will trial real-time BIM safety tools as construction firms seek to curb a sector that drives 16% of ACC work claims.
Rising mortgage costs and tighter lending rules are expected to cool the market, even after values posted their first monthly acceleration in six months.
Payment disputes and tougher retention rules are pushing construction firms towards digital tools to avoid fines and delays.
Higher mortgage rates and tighter lending rules are already cooling New Zealand’s housing market, with investor demand slipping further.
The planned lease rule changes could force costly disputes on struggling tenants and landlords, while favouring lawyers and large firms.
The bill could unlock up to 105,500 extra homes in major cities by letting most sites add three storeys without resource consents.
Property values rose 1.4% nationally in September, but activity is easing as tighter lending and higher rates weigh on buyers.
Higher mortgage costs are unlikely to deter first-time buyers while rents keep climbing and remain above many monthly loan repayments.
Construction managers could gain real-time alerts and a full-site view as five firms trial AI tools to curb incidents and injuries.
