Northland stories
Higher compliance costs and rising interest rates have made rural buyers more cautious, with farm sales falling sharply in late 2022.
A Northland steel worker lost part of a finger after his hand slipped into an unguarded press brake, prompting a USD $220,000 fine.
Up to 100 affordable rentals are planned for Te Taitokerau under a USD $55 million partnership to ease Northland's housing shortage.
Farm sales have fallen sharply as higher costs, volatile weather and policy pressure weigh on rural confidence across New Zealand.
Spark Business Group appoints Tony Agar as Group Sales Regional Lead for Northern region, with Michele Wong replacing him as IoT Lead.
Consumers are paying more at the pump after New Zealand lost its only refinery and became reliant on costly imported fuel.
WorkSafe says worn towing gear and expired certification let a trailer decouple on a Northland road, killing a nine-year-old girl.
More listings and weaker buying power are easing competition, even as national house prices climbed 13.5% to a record GBP £885,000 in February.
Auckland, Bay of Plenty, Taranaki and Wellington now top the pay table, as median hourly wages climb to NZD $27 across trades and industrial jobs.
Buyers are getting more choice as supply improves, even though New Zealand house prices hit fresh records in November and growth begins to ease.
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.
Lockdown has not cooled demand, with New Zealand house prices hitting another record as spring listings are delayed and buyers stay active.
Businesses must shift to contactless operations, remote work and tighter checks as Delta-driven Alert Level 3 curbs customer access.
Businesses must shift to remote work where possible as Level 3 rules ban most customer access and require contactless trading.
Record prices are still climbing, but a drop in sales and inventories suggests winter may not be the only reason for the slowdown.
New records in prices and sales show demand is still outpacing supply, despite efforts to cool New Zealand's property market.
The $30m project is expected to supply 3,000 homes and improve summer power reliability in the Far North once completed.
Other transport projects are being shelved nationwide as Auckland gets a $685m standalone bridge for cyclists and pedestrians.
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.
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.
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