Immigration stories
Home values are edging higher as first-home buyers and tighter supply lift activity in several centres, despite wider uncertainty.
Desperate tenants are now offering above asking rents as migration and storm damage squeeze Auckland's inner-city housing supply.
New building consents are set to fall to their lowest since the Global Financial Crisis as higher rates, costs and tighter lending squeeze projects.
In civil construction, the concept hinges on system boundaries, with finite resources, waste and carbon shaping whether projects can endure.
Property investors may see yields stabilise soon, as the Reserve Bank of New Zealand signals its Official Cash Rate has peaked and cuts loom.
Values are still falling in several centres, but slower declines and firmer migration are hinting the market may be nearing bottom.
Signs of a floor are emerging as mortgage rates stabilise and sales improve, though values have still fallen 10.5% over the past year.
Mortgage rates may already be near their peak, but new borrowers still face tough affordability tests and repricing pressure for months.
Specialist engineers, technicians and insurance assessors can be brought in within a week to speed North Island cyclone recovery.
Inflation, a recession, and a shortage of skilled workers are causing price increases in the IT sector, putting pressure on businesses.
Skills shortages are slowing growth across New Zealand's $18.8 billion tech sector, despite easier visa access for overseas talent.
Skills shortages, cost pressures and red tape are leaving New Zealand contractors wary as vital infrastructure projects come under strain.
Retention hinges on better support, recognition and safer workloads as a McKinsey report warns more nurses are considering leaving direct patient care.
More funding in Budget 2022 will not close New Zealand’s $210 billion infrastructure gap, with workers and costs still straining delivery.
The civil construction lobby will have a new voice on training, immigration and safety when Alan Pollard takes over as Chief Executive in January.
Technical difficulties marred the first day of New Zealand's new residence scheme, with serious concerns raised for the roll-out to 95,000 migrants in March.
Higher mortgage costs are unlikely to deter first-time buyers while rents keep climbing and remain above many monthly loan repayments.
Rising lending restrictions and tax changes are already cooling demand, though some agents say Treasury’s flatlining forecast may be too gloomy.
Lower migration losses are still propping up housing demand, though CoreLogic says border closures will eventually curb population growth.
House prices in major cities have held firm through the downturn, though UBS warns falling rents and weaker incomes could trigger a correction.
