Author Curreen

Construction
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Civil Contractors New Zealand is seeking input from construction professionals on industry issues, workforce and technology in its annual Construction Industry Survey Now in its seventh year, this joint research project with Teletrac Navman aims to provide actionable insights to assist construction companies in overcoming challenges and capitalising on opportunities. Continue →
Property Trends
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As we head into the winter months, we are seeing glimpses of positivity, especially in the regions following the Reserve Bank’s announcement of easing loan-to-value restrictions and the stabilising of interest rates, REINZ Chief Executive Jen Baird says The Real Estate Institute of New Zealand’s (REINZ) May 2023 figures show an increase in sales counts in some parts of the country while buyers and sellers in other parts continue to wait. Continue →
Housing
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As part of its Housing Action Plan 2023-2025, Wellington City Council is taking several measures to support better housing outcomes in the city, including partnering with private building owners and developers There’s no denying that the housing crisis is the biggest issue facing Wellington, says Councillor Tamatha Paul, Chair of the Council’s Kōrau Tūāpapa Environment and Infrastructure Committee.  Continue →
Property Trends
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The Reserve Bank’s easing of LVR restrictions is already seeing more first-home buyers making enquiries with banks and brokers, says Tim Kearins, Owner of Century 21 New Zealand As of 1 June, loan-to-value ratio (LVR) limits on lending to owner-occupier borrowers with less than a 20 percent deposit have been loosened and property investors are allowed to have a lower deposit. Continue →
Sponsored
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The Reserve Bank of New Zealand has signalled an end to further rises in the Official Cash Rate (OCR) – Colliers explores what this could mean for property investors What Now for Yields as Peak in OCR is Signalled Having raised the cash rate at the most aggressive pace in its history, the Reserve Bank of New Zealand (RBNZ) has signalled that it has reached the top of the cycle. Continue →
Commercial
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In its Vertical Vacancy Review for Q1 2023, JLL explores the trends among occupiers and forecasts in rental growth and sustainability requirements in the CBD office markets across Auckland, Wellington, and Christchurch Throughout 2023, we are likely to see a further realignment of yield levels as investors adapt to the reset of funding costs, with an ongoing preference for prime assets over those with a high proportion of vacancy, higher risk occupiers, low seismic rating (especially in Wellington), or with larger capital investment requirements. Continue →
Property Trends
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The decline in residential sales activity is being played out in the neighbouring lifestyle property markets across much of New Zealand, with sales volumes falling from the previous highs of 2021 and 2022, REINZ Rural Spokesman Shane O’Brien says Data released by the Real Estate Institute of New Zealand (REINZ) shows there were 100 more lifestyle property sales (8.7%) for the three months ended April 2023 than for the three months ended March 2023. Continue →
Housing
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Though National’s decision to somewhat back down on the Medium Density Residential Standards (MDRS) comes as a disappointment, there are some good new policies in this plan, Better things are possible author Malcolm McCracken writes It’s important to start with the primary outcome of a National-led government implementing this plan – the ability for Councils to opt-out of the MDRS. Continue →
Design
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At the Housing Industry Association’s 2023 national Australia conference, the winners of the 2023 HIA-CSR Australian Housing Awards were revealed, with judges calling this year’s overall winner ‘a once-in-a-lifetime build’ The winners of the 2023 HIA-CSR Australian Housing Awards were unveiled before 550 industry leaders at the awards ceremony held as the final night of the HIA 2023 National Conference on Hamilton Island. Continue →
Commercial
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Kiwi Property says its financial results for the year ended 31 March 2023 (FY23) highlights the strength of its mixed-use property portfolio Kiwi Property has announced its financial results for the year ended 31 March 2023 (FY23), with robust rental growth and record sales. Continue →
Sponsored
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Warren and Mahoney (WAM) says it will reduce the embodied carbon emissions of its building designs by a minimum of 40 per cent by 2030 thanks to ‘machine-learning’ Using Autodesk’s cloud-based design and project management capabilities optimises building design and drives advanced machine learning and metaverse projects. Continue →
Property Trends
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While the residential property downturn looks to be nearing its end in some areas, it is still gaining momentum in others, the latest QV House Price Index shows Values have reduced by an average of 4.5% throughout the first four months of 2023, including an average reduction of 0.6% in the month of April – a marked improvement on the 1.4% average decline recorded back in March. Continue →
Property Trends
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Loan-to-value ratio (LVR) restrictions put a ‘speed limit’ on how much new low-deposit lending banks can do, but the current settings were put in place back in November 2021 when risks were elevated LVR restrictions, imposed by the Reserve Bank of New Zealand, aim to promote financial stability by limiting high-risk mortgage lending. Continue →
Property Trends
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The stabilisation of mortgage rates is one of several market indicators signalling a possible end to the country’s extended property downturn, CoreLogic NZ Chief Property Economist Kelvin Davidson says Despite further house price falls in March, subdued property activity levels and early April’s 50 basis point cash rate hike, CoreLogic’s Monthly Housing Chart Pack shows the market fundamentals are not as weak as they have been. Continue →
Materials
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Environmental responsibility and renewability — when it comes to construction, multiple pieces play into this puzzle, especially the materials used and the overall durability of the structure The longer a concrete structure lasts, the better, because it reduces the need to make replacement concrete, which is an energy intensive resource. Continue →
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