Latest from Construction

Retirement giant wins fast-track consent for 13-level block at $500m village

Building to rise in Parnell after a joint venture between developer and charitable entity.

Sold for A$170m: Fletcher's Australian plumbing business Tradelink

A$10m of the deal has been deferred and might not be paid till 2026, company says.

$300m Auckland skyscraper: Construction work 'paused' indefinitely

Auckland Council is 'aware that work is currently paused on the Seascape development'.

Foodstuffs North Island fined $3.25m for anti-competitive land covenants

Foodstuffs fined for efforts to hinder rivals from opening or expanding.

Owners of Du Val-managed Lakewood Plaza units pay millions after water mains burst

'Millions of dollars in repairs, ridiculously expensive': owner paying $30,000.

Du Val investor worried after interim receivership

'It’s been nearly two years since I’ve been paid anything.' - Du Val investor

Fletcher's Iplex: leaky pipe class action launched in Australia

Around 30,000 homes in Perth are thought to be involved.

'Rent will continue' - Du Val to worried apartment landlord

Around 500 people live in the high-rise.

Heart disease killed Queenstown hotel developer Kevin Carlin

Police confirmed there were no suspicious circumstances. No official inquiry is necessary.

Business confidence rises with a ‘can’t get any worse vibe to it’

"The evidence is mounting that the inflation dragon is on its last legs."

New home consents fall to levels last seen five years ago

Consents for building new homes were down 24% annually.

Crushing 4% rental yield gap largest in 15 years – but many investors undeterred

'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'

ANZ reverses house price forecast, expects 1% fall

Three aspects of house prices and interest rates have been revised in new research.

Property Insider: Auckland a Yimby city; art in new hotel; Mt Roskill's Soho Hotel opens

'Auckland... has become a test case for housing deregulation,' the Economist says.

Fletcher Construction suing waterproofers over $320m loss for NZICC fire

The two waterproofing businesses have denied any liability for the October, 2019 blaze.

Golden Bay cement boat breaks down, Fletcher earnings forecast cut $10m-$30m

Cement supplies might be needed from other domestic and offshore businesses.