ComCom needs to plug plumbing, electrical into study

ComCom needs to plug plumbing, electrical into study
All building costs should be under 'equal scrutiny'. (Image: BusinessDesk)
Brent Melville
Why does it cost $3,800 a square metre to build an entry-level social house in New Zealand when international best practice comes in at less than a third of that, at $1,200 sqm?The question is posed by Tex Edwards, the frontman for public policy analysis group Monopoly Watch, kicking off one of 25 submissions into the Commerce Commission’s residential building supplies market study.Edwards, the founder of telecommunications company 2degrees and a vocal anti-monopoly activist, said the group has visited 32 international house building oper...

More Economy

Briscoe Group says tax changes will hit FY net profit by $7.4m
Retail

Briscoe Group says tax changes will hit FY net profit by $7.4m

New legislation affects depreciation on commercial buildings.  

Rebecca Howard 05 Jul 2024
Core Crown tax revenue higher than expected in May accounts
Economy

Core Crown tax revenue higher than expected in May accounts

Government tax intake is $1.57 billion higher than forecast, according to the latest Crown accounts.Treasury released the interim financial statements for the 11 months ended May 31 on Wednesday morning, which showed core Crown tax revenue was $111.12b.This was 1.4% more than the...

Staff reporters 04 Jul 2024
Albanese pledges prosperity through manufacturing boost
Economy

Albanese pledges prosperity through manufacturing boost

Renewable energy and critical minerals key focus of $24 billion strategy.

AAP 04 Jul 2024