Auckland stories
Government help may be needed as first-time purchasers’ share of the market falls to its lowest level since 2018, CoreLogic says.
Sales fell by more than 2,500 from March as investors and first-time buyers took a wait-and-see approach to tighter lending rules.
Limited funding means New Zealand risks missing out on AI benefits unless ministers set a coordinated plan for research, safety and growth.
Weaknesses in New Zealand’s PPP procurement have been laid bare after a review found early cost estimates and governance helped derail Transmission Gully.
Investors in Manawatu/Wanganui saw 25.3% capital gains and 4.0% yields, making it the country’s standout residential market.
Schoolchildren in Drury are cycling to class for the first time after a privately funded 9km path network separated them from heavy traffic.
Record prices and a 14-year sales high show New Zealand's housing market is still racing ahead despite tighter lending rules and tax changes.
Covering 35,000sqm, the wetland is meant to cut pollution, store floodwater and create habitat for endangered native wildlife in South Auckland.
Early clarity on route, funding and delivery could determine whether Auckland’s light rail eases congestion and unlocks more affordable homes.
Vacancy has risen across Auckland and Wellington, while retailers and landlords wait to see whether city centres can recover from lockdown losses.
Vacancy rose across Auckland and Wellington offices, shops and warehouses in 2020, but low rates and investor demand kept yields firm.
Precision hoses and fittings helped keep the 6-7 tonne AC75 foiling boats upright as the contest was decided by engineering as much as sailing.
Wellington has cut net emissions by 7% in 20 years despite 26% growth, as EV chargers and car share schemes reshape transport.
Sales surged 14.6% year on year in February as buyers rushed to secure homes before loan-to-value restrictions returned in March.
Despite a $31 billion investment, Aucklanders are being warned motorway queues and emissions will still rise under the transport plan.
Homeowners could void insurance and face unsafe repairs if they hire unlicensed plumbers, after a tradesman was fined NZD $6,000 in Auckland.
Men own 31,000 more homes than women in New Zealand, underscoring how the gender pay gap is limiting access to property.
Revenue losses from alert-level changes could unlock wage subsidies, cashflow grants and loans for firms and sole traders across New Zealand.
Average household incomes rose just 1.3% last quarter, leaving New Zealand house prices at their least affordable level since records began in 2004.
Resource consent has been granted for a planned Auckland office development that could retain 1.8 million kg of concrete and preserve heritage features.
