Govt work to support building sector in election year

Govt work to support building sector in election year
Paul McBeth
Finance Minister Grant Robertson’s expanded infrastructure programme has raised architects’ expectations for government work over the coming years at a time when both residential and non-residential work is elevated.The New Zealand Institute of Economic Research’s quarterly survey of business opinion showed a net 38 percent of architects surveyed expect an increase in government work over the coming 12 months and 21 percent over the next 24 months.Architects were less optimistic on the housing outlook, with a net 6 percent predicting an increas...

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Rebecca Howard 20 Aug 2025
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Government keeps AA+ credit rating, Fitch warns to keep ‘culture of fiscal responsibility

The Government has kept its AA+ credit rating from Fitch, one of the big three ratings agencies – but the agency warned that a slackening culture of fiscal responsibility, a more severe housing market correction, or an unemployment spike could see the rating reduced in future.The...

Staff reporters 18 Aug 2025