Building consents drop 21.3% in March

Staff reporters
Tue, 05 May 2020

Residential building consents dropped a seasonally adjusted 21.3 percent in March to 2,659, the steepest decline since October 2008 when the global financial crisis set in.Stats NZ said the covid-19 pandemic and lockdown made it hard for some councils to process consents, and two – Ruapehu and Upper Hutt City - weren’t able to provide their figures in time for today’s release. The figures will be updated next month.Annual residential building consents rose 9 percent to 37,606, off their 45-year high of earlier months. The valu...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Putin's war is a challenge to global corporate conscience
David Brain | Sat, 28 May 2022

Global businesses with strong retail brands appear the most likely to stop doing business in Russia altogether, but there are holdouts.

On the Money
ON THE MONEY: Greg Foran, Straker and Ryman Healthcare
Victoria Young | Sat, 28 May 2022

OTM this week: The PM’s US tour, Grant Robertson’s golden rules, Greg Foran and more.

Sydney firm to build NZ Police’s arms information system
Ava Bradley | Fri, 27 May 2022

The company’s software will provide a secure digital database of all firearms transactions and legally owned firearms in NZ and is estimated to bring in $13 million for the ASX-listed company.

Partner content
Small business lessons for attracting and retaining staff

Employers battling through the ‘Great Resignation’ are now faced with the ‘Great Brain Drain’.

Partner content
People leaders are key to wellbeing but still need help

One in three people say they have experienced an issue with an unsupportive manager