Latest from Construction

Stock Takes: Busy year ahead for NZX listings?
This year is shaping up to be a very busy one for new sharemarket listings...

German firm gets rebuilding contracts
The entrance of a European building products giant into the Christchurch rebuild market will increase competition in the industry.

Engineer expands in mining sector
One of New Zealand's largest mechanical engineering firms has expanded its presence in the mining equipment sector through its acquisition of a North Island manufacturer.

Cantometer shows lift in activity
Economic activity in Canterbury is gathering pace, according to the January edition of the ASB Bank's Cantometer.

Local project seeks to hire Australians
Australian workers are being sought for a large Auckland building project beginning soon, outraging NZ First leader Winston Peters, who says Kiwis have been snubbed.

Stocks debut year with solid gains
New Zealand shares rose on the first trading day of 2013, following gains on Wall Street, as investors drove up companies that have featured on broker lists for 2013, such as PGG Wrightson and Ryman Healthcare.

Fletcher fined after worker's injury
Fletcher Construction was fined $45,000 today for a health and safety breach while workers pulled down Christchurch's quake-battered Hotel Grand Chancellor.

Rebuild helps economy grow 0.2pc
The New Zealand economy grew at a slower pace than expected in the September quarter, pushed up by increased building activity.

NZ building work has biggest gain in 10 years
There's been a surprisingly big jump in building activity, with the biggest quarterly gain in the past ten years, driven by construction work in Canterbury and the upper North Island.

Construction growth may be key
Manufactured exports have been faring much better than domestic sales.

Property used to enter NZ - developer
An Auckland developer says Chinese are using property as a ticket into this country because owning real estate increases immigration visa points.

Property Matters: Seismic work put at $100b
Property sector could face bills dwarfing the leaky building issue.

Fulton Hogan profit plunges 89pc
Fulton Hogan has suffered an 89 per cent drop in annual profit which its departing chairman described as "disappointing and totally unacceptable".

Len Brown: Land won't fix house woes
Auckland currently has capacity for thousands of dwellings on existing greenfield land, writes Len Brown. "So the issue is clearly more than just land supply."