Property
Explore the latest property news by BusinessDesk.
Law & Regulation
Govt liability in Southern Response class action could exceed $400m
Data on 200 cases that are part of the class action against Southern Response suggest the government's liability to the about 3,000 potential plaintiffs could exceed $400 million. The cases are those whose claims were settled before Oct. 1, 2014 by Southern Response, but where...
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Infrastructure
Home building biggest worry for construction - Binns
Residential building is the biggest worry for the construction sector with many small “mum and dad” builders struggling just to survive the lockdown, Crown Infrastructure Partners chair Mark Binns says.The home construction sector is small and scattered and relies on a level of c...
Infrastructure
Fulton Hogan asks staff to take 2 weeks leave
Fulton Hogan is asking its estimated 5,000 New Zealand employees to take two weeks annual leave in April, despite receiving the government's wage subsidy to help it manage through the coronavirus crisis and national lockdown.Chief executive Graeme Johnson made it clear in a video...
Coronavirus
Airbnb 'transition' to long term would hurt rental investors
Property investors in the high growth centres of Queenstown, Gisborne and central Auckland will face short term pain as the rental market capitulates to covid-19 restrictions. In his latest market report, CoreLogic senior property economist Kelvin Davidson said the new-build mark...
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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articles by Oliver