Developer expects Vector charges to increase, despite fair trading warning from Commerce Commission

Developer expects Vector charges to increase, despite fair trading warning from Commerce Commission
The developer of this 23-unit complex expects an extra $100,000 in charges after pushing back against Vector’s contract terms. (Image: Supplied)
Garth Bray
Winning feels a lot like losing to an Auckland developer who sparked a Fair Trading Act investigation that has resulted in a compliance advice letter to lines company Vector, and an expectation of an extra $100,000 in connection charges for his development.“Vector have had a contract that has unfair terms in it, and as a result of the complaints, they put the price up,” said developer Andrew Body.“I haven’t had any acknowledgement of the complaint from Vector, any apology for what they've done, or any offer to make a...

More Property

Council eyes single buyer for Maungawhau Station super-site
Policy

Council eyes single buyer for Maungawhau Station super-site

The redevelopment site will probably be the biggest in NZ, Wayne Brown said.

Oliver Lewis 26 Sep 2025
Film stars linked to multimillion-dollar deal to buy Auckland Film Studios
Property

Film stars linked to multimillion-dollar deal to buy Auckland Film Studios

Several major names are set to acquire the council-owned Auckland Film Studios, in what insiders believe will be a significant boost for the screen production industry, helping to lure even more major movies to New Zealand.An A-list Kiwi-Hollywood consortium headed by one of New...

Staff reporters 25 Sep 2025
New online carbon tool could slash NZ building emissions
Property

New online carbon tool could slash NZ building emissions

Building designers, developers and owners are demanding low-carbon building products.

Greg Hurrell 25 Sep 2025
'Still tough out there' despite Govt announcements
Infrastructure

'Still tough out there' despite Govt announcements

A rush of construction spending will take a while to have an effect, sector says.

Maria Slade 24 Sep 2025