Developer called 'insane' for ditching millions in profits to help first-home buyers
"A lot of developers are uninterested in the social component of their business."
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Latest from Building & Construction
'Incredible increase': 360% to 660% Drury developer fee rise proposed
"Incredible increase will directly impact cost of housing," building industry CEO says.
Airport to build 120-shop discount outlet centre
Experts see it as a good move for the airport to diversify.
'An important win': Relief for 'crippling' building material drought
Auckland manufacturers supply 90 per cent of building products needed in the regions.
Building products prioritised as factories restart
Auckland factories will restart under level 4 with conditions set by MBIE.
Govt does u-turn on house-building products
Change follows an outcry from sector nationally and worry about access to products.
Supreme Court to hear Mainzeal appeal
The country's highest court granted leave to the liquidators and also for a cross-appeal.
Builders can't offer fixed quotes due to materials shortage
The situation is exacerbated by the pandemic choking the supply chain.
'Profitless boom': Builders say materials drought has crippled them
If the Government doesn't act 'I think some of them will just open anyway'.
Ormiston Rise buyer vows to build all 727 homes
Buyers say homes they hoped would be finished by now have not been.
Photos: Inside billionaire Peter Thiel's planned lakefront resort
Rooftops are heavily planted so disappear into the area's outstanding natural beauty.
Freight costs up almost 100% in last 6 months
"True impact of price increases has not been felt by clients and property owners."
All-time record set for NZ house building consents
Records kept from a year before WWII, now at an all-time high.
Supermarket centre opens 3 weeks early to meet demand
Chain sent just under 3.5 million cartons of food/groceries to stores in last week.
Ormiston Rise 'new kind of neighbourhood' - has new owner
Work on construction only started in 2020 but building work stopped in May.
Construction delays: Supply hold-ups are industry's biggest issue
Construction sector facing very challenging times, with some operators "treading water".
Transport Minister says lockdown will likely delay Transmission Gully opening
It's the latest blow to the already delayed $1.25 billion motorway out of Wellington.
Property valuations see retirement giant's net profit surge to $264m
"We have moved quickly to keep our residents and staff safe" - Scoullar
Pandemic doesn't faze developer of $35m Epsom apartments
"We'll get straight back into it as soon as we can" - Andrew Lamont on show suite.
Metlifecare makes $304.4m profit, new $150m village planned
Total assets of $4b are up from $3.5b, company developing four new sites
Building green: Nash on right side of history
Dubbed "wood first" policy by lobbyists, history to prove Nash right on building products.
Where to now for $26b construction sector?
Builders and contractors had to secure their sites fast on Wednesday.
Covid-19: City Rail Link work continues during lockdown
CRL boss Sean Sweeney said the lockdown will have a significant impact on the project.
Construction sites grind to halt, billion-dollar projects on hold
Delays in construction projects can quickly become expensive.
Robertson and Orr see house prices becoming more 'sustainable'
"There's a shared view that house price growth has been unsustainable," Robertson said.
Fletcher posts $669m net earnings, beats own guidance
Massive turnaround at giant builder, materials manufacturer and supplier
Analysts upbeat ahead of Fletcher Building's annual result
Fletcher Building is expected tomorrow to reaffirm its earnings guidance.
Apartment boom: New builds hit record in Auckland
There are enough to house the entire Queenstown population.
Race to finish Transmission Gully: Experts, independent chair brought in
Transmission Gully due to open in less than seven weeks after delays and budget blowouts.
Victopia high-rise apartment block repairs balloon to $54.9m
The committee says the cost increase can't be avoided and all owners must pay.
Cats banned at 150-lot gated beachfront North Shore enclave
Rules include a ban on cat ownership and tight dog controls.
Car collector at wheel for Summerset
"If I'm not here at Summerset, I'll be at a race track somewhere in New Zealand."
Global building material importer quits NZ, 45 jobs to go
USG Boral said it can't succeed here.