Lockdown causes $300m drop in building activity

Lockdown causes $300m drop in building activity
Home building not hit as hard by delta as expected. (Image: BusinessDesk)
Brent Melville
Building activity fell 8.6% to a seasonally adjusted $3 billion during the quarter ended Sept 30 on the prior quarter, reflecting the impact of Auckland's 107-day covid lockdown.Stats NZ construction statistics manager Michael Heslop said it's the first major misstep since the industry contraction last April caused by very similar reasons.The biggest impact of the lockdowns through August and September was felt in non-residential building, which fell 12%, while residential builds came off 6.4% quarter-on-quarter, Stats NZ data shows.Auc...

More Infrastructure

‘High risk’ Northland project attracting global interest
Infrastructure

‘High risk’ Northland project attracting global interest

NZTA is due to request bids from up to three shortlisted consortiums in June.

Oliver Lewis 17 Apr 2025
The $20b plan to improve our old, risk-prone hospitals
Infrastructure

The $20b plan to improve our old, risk-prone hospitals

Simeon Brown released the long-awaited plan and details of a new Dunedin Hospital tender.

Oliver Lewis 16 Apr 2025
From trainee priest to ferry finder chair
Infrastructure

From trainee priest to ferry finder chair

Is there anything Chris Mackenzie hasn't done?

Oliver Lewis 15 Apr 2025
Treasury unhappy with tweaks to $1b transport fund
Infrastructure

Treasury unhappy with tweaks to $1b transport fund

The money was meant to bring forward a second wave of roads of national significance. 

Oliver Lewis 14 Apr 2025