Steel framers look to piggyback off Aussie peers

Steel framers look to piggyback off Aussie peers
Nash NZ chair Jamie Hodgson says the local industry group wants to leverage off Bunnings' entry into the market.
Andrea Malcolm
Around 40,000 new homes are built in New Zealand each year, the vast majority using timber framing. Building Research Association of NZ (Branz) data from 2020 found that timber framing, either stick timber or engineered timber such as laminated veneer lumber (LVL), remained the predominant structural material in new housing, with a historical market share of around 90%. About 12% is LVL.  Steel framing's market share over the past decade has been steady at 6-7%. Market adoption in NZ has been much slower than in comparable ma...

More Infrastructure

Final Cook Strait ferry costs unveiled
Infrastructure

Final Cook Strait ferry costs unveiled

Costs and contracts for port infrastructure are still required.

‘No new era of abundant gas’: BCG urges broader response
Infrastructure

‘No new era of abundant gas’: BCG urges broader response

“There is no silver bullet ... The challenge is doing all of it, fast.”

Eaqub: Pipeline hits $275b but certainty stops at next election
Infrastructure

Eaqub: Pipeline hits $275b but certainty stops at next election

Economist highlights drop-off in planned infra spending after 2026.

Fletcher Residential worth $850m ‘on a good day’
Infrastructure

Fletcher Residential worth $850m ‘on a good day’

Shareholders have been clear no asset sales should be on the cheap.