The viability over the Government's KiwiBuild scheme has been called into question by the building industry, which says there is just no capacity to do it.
SkyCity Entertainment Group has inked a construction contract with Australian commercial construction company Hansen Yuncken for expansion of its Adelaide Casino.
Bottlenecks in the booming construction industry see weak growth in residential house-building over the next 12 months and have forced the Treasury to halve its forecast rate of progress on the government’s KiwiBuild affordable housing policy.
Bad headlines about Fletcher Building have overshadowed a business with "healthy prospects" and a new management team that is "a catalyst for change", says listed investment fund Kingfish.
New Zealand's manufacturing activity accelerated in April, bouncing back from a lull in the first three months of the year, as a pick up in building intentions stoked production among building materials companies.
Rod Oram argues in his weekly column that there's never been a better time to build a high productivity and high wage economy, but there's also a risk the current good times will allow complacency to lock in New Zealand's bad habits.
1. Will Labour wait for a natural migration fall?
This table from Fletcher Building’s results presentation on Wednesday clearly shows the company’s incompetent corporate governance.
1. Little's leadership in the balance
Bernard Hickey reports on the elephant in the room of the Auckland housing debate: land prices need to fall sharply to make housing affordable, and that's what the Government is quietly working to achieve.