Construction firm collapses owing $2m, eight projects in limbo
Rising costs and falling prices claim another casualty.
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Latest from Construction
Mega 422-unit retirement village faces opposition from AT, council
Council submissions cited 'significant concerns' about the plans, and potential flooding.
$34m Herne Bay mansion: Pōhutukawa felled just before Cyclone Gabrielle struck
Some bystanders mistakenly thought the trees fell from a landslip event.
Remuera retirement village block demolition: Residents push back on hospital plan
Some residents don't like the idea of having to live through any site development.
‘Sold out in 3 minutes’: How 66 new Northcote apartments sold in 2021
"By 9.05am, 260 qualified buyers were waiting to buy."
CEO pay survey revealed: How much NZ’s top bosses get paid
The country’s most powerful bosses have cashed in on the pre-Covid bull market.
Q&A: Construction crunch, rate hikes, falling prices - what's next for housing?
The Herald's property and personal finance experts answer your questions.
Sky high: Developer unveils its 15th Auckland apartment block today
In a month, Ockham is due to open the new 117-unit Aroha at Avondale as its 16th block.
Power List: The top NZ retirement village owner operators
Six businesses own 47% of villages and 63% of units: we name the giants of the sector.
Construction sector 'cashie' crackdown: 50,000 businesses late with tax payments
Under-declaring income via cash jobs a major issue, IRD says.
Retirement village giant unveils $335m expansion at two NZ sites
Purchases allow the business with 36 existing villages to develop two more new ones.
Twin-building $25m heritage offices, shops completed in Britomart
Office, retail tenants left buildings pre-pandemic but the space is now reoccupied.
Construction crunch: More building firms fail, homeowners in the lurch
Peter Wolfkamp, Newstalk ZB’s resident builder worries about recent string of failures.
Another builder fails: Ex-TV presenter a client, nine sites abandoned
'All I wanted to do was build a home and income residence for retirement.' - client.
Jarden Brief: Contagion effect in SVB saga
Dyspeptic responses as investors digest fallout from Silicon Valley Bank collapse.
Dismay as joinery firm with 28 staff folds after nearly 50 years
The building and construction sector dominates liquidations, accounting for 29 per cent.
Fletcher reveals shareholders plan class action over loss-making division
'There’s also the potential of no payout if Fletcher can defend it robustly.'
Ten 'unfair' retirement village practices: Govt review under way
Practices a focus of Government review announced in December, due out this September.
FMA warns Du Val for misleading, deceptive statements
Du Val Group would potentially seek to list a new company on the NZX.
‘Mum and dad landlords aren’t the enemy’: National unveils build-to-rent housing policy
Promise to bring back brightline test and interest deductibility.
Soaring building costs blamed for construction company woes
Franchise working with customers in hopes homes still get built.
'Living in a soup of humidity': Air-con issue dogs some residents in luxury high-rise
"It’s like living in a soup of humidity - but with a great view."
House values falling but still up 24.5pc on pre-Covid times
Prices would need to keep falling for another two years before they hit pre-Covid levels.
New report: What's happening with Waiwera Thermal Resort?
Attempts to sell once-popular resort so far unsuccessful.
'Dream turning into a nightmare': Family fumes waiting for land settlement
'It looks as though our family dream home is now unachievable.'
$200m plans: Fletcher Residential's vision for 306 new Auckland homes
Overseas Investment Office consent was needed by Fletcher Residential.
Plastering the Central Otago castle: yes or no?
"The fact that the place is unfinished adds to its interest and indeed to its uniqueness."
Building activity levels drop for first time since pandemic lockdowns
First fall in total volume of building work since Covid-hit September 2021 quarter.
Phil O’Reilly: Five principles that should underpin the cyclone rebuild
Why growth, immigration, better planning laws and PPPs are key to the rebuild.
Dispelling the myths of NZICC’s roof, straw to be reinstated
Fletcher Construction: "Change in roof design would provide reassurance to all involved."
Costco Warehouse pharmacy under Kiwi ownership control
Westgate Costco unique among more than a dozen Australasian outlets.
Developer's plan to deliver 1000 homes per year in Auckland, ponders capital moves
Du Val Group considering how the company can grow.
Auckland's February house sales 'slowest in at least a quarter of a century'
Trading conditions the 'most challenging anyone in the business can recall'.
Curious case of the abruptly cancelled Auckland CBD mortgagee sale
Sale plans changed just a few hours before a looming 4pm deadline today. Money flowed.