Hamilton stories
We speak to CEO Chris Yu to learn about Torutek, a New Zealand-based software firm harnessing the power of AI, IoT, and facial recognition.
Higher mortgage costs and tighter lending are set to keep house prices under pressure, with June marking a third straight monthly fall.
Tighter, costlier credit is set to deepen New Zealand's housing downturn, with CoreLogic warning of more price falls and weaker sales.
Councils face tighter deadlines as new rules could bring taller housing to city centres and transit hubs, raising pressure on infrastructure.
Metered Auckland households use far less water than unmetered districts, where per-person consumption can reach 800 litres a day, the report says.
Record-low losses and near-universal gains in New Zealand’s housing market are being driven by tight supply, strong demand and cheap borrowing.
The bill could unlock up to 105,500 extra homes in major cities by letting most sites add three storeys without resource consents.
Property values rose 1.4% nationally in September, but activity is easing as tighter lending and higher rates weigh on buyers.
Westland is the country's most affordable area, with house prices at just 3.2 times income and rent and deposits well below national norms.
Nearly half the reports involved firms that may have been open illegally, as WorkSafe reviewed 582 alleged Covid-19 breaches.
Affordability pressures are starting to bite, with Hamilton and Rotorua both posting quarterly falls after a rapid run-up in values.
Borrowers face tighter lending rules as the Reserve Bank moves to curb risky loans amid house values rising 1.8% in July.
Values are already falling in Gisborne, New Plymouth and Napier as nationwide house-price growth cools and rate rises loom.
Cheaper provincial suburbs have driven New Zealand's property boom, with Manunui up 51.8% and Hargest selling in just six days.
Waste from cartons and soft plastics will soon be turned into low-carbon building boards in New Zealand, diverting 4,000 tonnes from landfill a year.
The closure delayed freight for nearly 24 hours after a truck struck a Taihape rail bridge, with 11 trains cancelled and costs to be recovered.
Average household incomes rose just 1.3% last quarter, leaving New Zealand house prices at their least affordable level since records began in 2004.
A court has ordered VINZ to pay more than GBP £500,000 after a customer was struck by a vehicle at its Hamilton testing site and later died.
Possible tighter rules could curb investor demand as mortgaged buyers regain a 27% share of the housing market, CoreLogic says.
Additional public and transitional homes will be targeted at regional centres where demand has surged ahead of supply, worsening rents and overcrowding.
