Construction Bulletin April 2017 - Market Activity (27 April 2017) (New Zealand)

Minter Ellison Rudd Watts

In this issue:

  • Accommodation Crisis in Edgecumbe - A third of Edgecumbe households to require accommodation support following Cyclone Cook
  • Building Boom Creates Business for Manufacturers - Manufacturing's fortunes are typically linked to construction with building booms providing demand for materials.
  • Labour Shortage Looms in the Building Industry - The Building and Construction Industry Training Organisation has about 10,500 apprentices in training now, but about 28,000 tradespeople would be needed over the next few years
  • Progress on Piling Works in Albert Street - City Rail Link Project Director Chris Meale says building this major civil infrastructure project in a busy downtown location has been difficult but all 362 piles have been dug between Customs and Wyndham Streets.
  • Ten Million Dollar Mansion to be Built in Rural Auckland - Award-winning PSL Construction is building the house, which has just over a tenth of a hectare of floor space.
  • Boom to Slow Down? - There is a warning that NZ banks may be tightening their purse strings which will impact the construction industry.
  • Christchurch Temporary Housing Villages to Close - Building and Construction Minister announces that some of Rawhiti’s houses will be moved to Kaikoura for temporary housing following the November 14 earthquake.
  • Kynoch Wins Big Contract to Build Recovery Facility - Palmerston North based Kynoch Construction Limited has today been awarded the tender for building the Central Energy Trust Wildbase Recovery facility.
  • Wellington Council Uses New Earthquake Measuring Methods - A new type of measuring device installed in buildings around the capital could help provide quicker information about the safety of various areas following a large earthquake
  • Hamilton Church Rebuild Complete and On-Budget - The construction of the new building has been completed debt free, funded by church savings, fundraising and donations from Methodist trusts.

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