Wake Up Call: Gross domestic property?

The Property Council says property contributed $41.2 billion to the NZ economy. (Image: Getty)
Summary Property has grown to be New Zealand’s biggest industry and now accounts for 15% of GDP, employing over 200,000 people, the Property Council says. Meanwhile, the government takes another step towards the mandated use of biofuels in NZ, as submissions close today on the proposal.Biofuels mandate Submissions are due today on the government’s proposed biofuels mandate, which would see biofuels increasingly used in NZ land, sea and aviation transport and improve the business case for producing biofuels locally. “Our u...
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