This edition covers key updates from the building industry, including the BIF NZ 2024 Strategy Workshop update, the MBIE: Summary of Submissions published following public consultation on Granny Flats, Stats NZ: Home consents down 6.9 percent in the month of October , Stats NZ: Building activity down 3.2 percent in September 2024 quarter, McKinsey insights and the latest Waihanga Ara Rau research.

This edition covers key updates from the building industry, including the open submissions for the Building Products Amendment Bill, a rise in new home consents, and MBIE’s fire safety review. Market insights from CreditWorks and Port of Auckland are also featured, along with a new NZ Infrastructure Commission report on asset management. Plus, concerns over the streamlined building consent process, Winstone Wallboards' court case, and New Zealand’s last-place ranking for infrastructure delivery. Stay informed with these essential industry updates.

In this newsletter, we explore the key highlights of Budget 2024 and their implications for New Zealanders. Major updates include tax relief through bracket adjustments, a significant increase in healthcare funding, and new initiatives for improving infrastructure and transport systems. The government outlines plans for achieving a budget surplus while addressing critical areas like health services and funding repairs for roads and rail. Read on for a closer look at these impactful changes and what they mean for New Zealand's future.

This newsletter introduces new BIF NZ Chair Jason Bardell and Deputy Chair Simon Burden, who bring valuable expertise to the board. It explores the 'Fast-Track Approvals' Bill designed to expedite infrastructure projects, highlights insights from the NZGBC Housing Summit, and shares positive StatsNZ data on non-residential construction. Additionally, it addresses rising costs from stricter seismic standards and urgent calls to ban engineered stone benchtops to safeguard workers. Read on for more details!

This newsletter highlights key developments in New Zealand’s construction and infrastructure landscape. Stats NZ reports a 24% drop in annual home consents, while CoreLogic notes a 2.4% annual softening in construction cost growth. The NZGBC provides a new guide to reducing carbon emissions upfront in building projects, and the NZ Infrastructure Commission shares insights on workforce dynamics in the sector. Finally, Infometrics analyzes a surge in global freight prices driven by geopolitical tensions, exploring its potential impact on NZ.