New home consent figures out from Stats NZ show the building sector clawing back some ground, with 39,737 new homes consented in the year ended May 2026, up 19% on the previous year. It’s the first annual increase after three consecutive years of May declines, though volumes remain below the 2022 peak. Multi-unit builds accounted […]
The 2degrees Shaping Business 2026 Report finds construction among the most upbeat sectors in the country — but the firms doing well are the ones lifting productivity, not waiting for a rebound After a bruising few years marked by project delays, rising costs and broader economic uncertainty, the construction sector is showing more confidence than […]
Pacifecon’s latest Market Watch report explores New Zealand’s private sector, alongside general information on projects around the country. This is part one of three looking at projects for the private, central government and council sectors. We also take a look at how the market is trending, letting you know what activity is happening and when. […]
Budget 2026 gives the construction sector a clearer picture of where government investment is heading over the next four years. While the headline figure is around $7 billion in new capital investment, the Budget shows a shift towards resilience, renewals and maintaining existing infrastructure alongside major new projects. Funding includes a new ward tower at […]
Residential construction costs continue to edge higher even as fuel prices ease. New Stats NZ data shows petrol prices fell 3.8% in May, while diesel dropped 11.4%, in line with short-term eases in global fuel pressure after a volatile start to the year. This movement will be welcome news for transport-heavy industries but the reduction […]
Building a Stronger New Zealand: Certainty, Skills, and Common Sense Reform: As we head toward the upcoming election, New Zealand First remains focused on restoring a bit of good old fashioned common sense to government and that starts with recognising the construction sector for what it truly is: the engine room of our economy. Every […]
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