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

Leighs opts out of Scott Base build
Infrastructure

Leighs opts out of Scott Base build

The Antarctic contractor is focused on offices, healthcare and apartments.

Oliver Lewis 09 May 2025
Two housing projects snare first fast-track panels
Policy

Two housing projects snare first fast-track panels

Applications opened on Feb 7. Now we have our first panels.

Oliver Lewis 08 May 2025
Methanex secures winter electricity supply again
Infrastructure

Methanex secures winter electricity supply again

Electricity generators are anxious to avoid winter power price spikes.

Pattrick Smellie 08 May 2025
Transpower proposes $1.4b replacement for ageing Cook Strait electricity cables
Infrastructure

Transpower proposes $1.4b replacement for ageing Cook Strait electricity cables

Transpower is proposing a $1.4 billion spend on replacing the ageing electricity cables linking the North and South Islands across the Cook Strait.The state-owned power transmission company released a consultation paper today setting out its proposals to replace key components of...

Staff reporters 07 May 2025