New requirements for protecting retention money come into effect on 31 March 2017, and are set out in the Construction Contracts Amendment Act 2015 (CCAA). The CCAA’s retention money provisions are designed to ensure payment of retention money to subcontractors, even in the event of insolvency.
New Zealand has the fastest rising house prices among major developed countries, according to a report in the Economist magazine.
The magazine suggests the trend may continue.
Labour Party political polling suggests in many cases New Zealanders want politicians to introduce
policies to bring down the value of their homes.
Environment Minister Dr Nick Smith welcomed the Local Government and Environment Committee’s report on the Resource Legislation Amendment Bill on 6 March, 2017.
When demand is high, Economics 101 suggests that developers would be building every house New Zealand needs. The trouble is the risks and roadblocks involved mean that developers' interests are nowhere near aligned with the wants and needs of politicians and the public. This in-depth article written for the NZ Herald by Diana Clement looks at some of the issues for the development of more houses and what some of the solutions might be.
Alison Cadman of community housing provider, Dwell Housing, said the shortage of housing in Wellington is the worst it has been.
Here is the latest edition of the newsletter with news and events and articles about New Zealand's community housing sector.
The first stages of a new emergency housing development have been officially opened in Auckland’s Otahuhu, giving more families a warm and safe place to stay in times of need.
A news item from last week strikes a note of concern about how far testers are recommending landlords and new owners to go to rectify contamination after signs of P use in properties
We are pleased to see that Government has released the December 2015 report titled “Findings of a review into the implementation of the Governments Social Housing Reforms”
