Industry Articles

Property · Building · Design

Major news! New Zealand’s new granny flat rules: does no building consent mean you can build whatever you like? Don’t be naive—avoid these pitfalls!

In January this year, the New Zealand Government amended the Building Act, formally removing the building consent requirement for small standalone dwellings under 70 square metres. The industry sees this policy change as an important step towards increasing housing supply, creating new opportunities for construction professionals in the design and construction of small homes.

#Construction#GrannyFlats#Policy

Nearly 2000 wealthy overseas buyers could enter the housing market. What would that mean for you?

The New Zealand Government recently announced that overseas investors holding Active Investor Plus visas will be allowed to buy or build residential properties worth more than NZ$5,000,000. This is a tightly restricted exception, rather than a full return of overseas buyers to the market. The move is widely seen as a partial easing of the longstanding overseas buyer ban.

#Policy#OverseasBuyers#Property

Why is construction always among the first to feel an oil price crisis?

As tensions persist in the Middle East, uncertainty over global energy supplies is growing, and fuel prices have risen sharply in a short period. The ripple effects have already reached New Zealand, with petrol prices, and diesel prices in particular, continuing to climb.

#Construction#ConstructionCosts#Energy