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Last night, August 17 2021 Prime Minister Jacinda Adern announced that New Zealand would be entering Lockdown Level 4 for 3 days and Auckland would be in Lockdown Level 4 for 7 days. This means that the Lockdown has commenced. The Lockdown is due to a member of the public in the Auckland suburb of […]
New Zealand’s property market experienced the highest number of residential property sales for the month of February in 14 years. Real Estate Institute of New Zealand (REINZ) found a 14.6 per cent year-on-year increase in property sales for New Zealand in February 2021, from 6951 sales in 2020 to 7964 sales. The Auckland market made […]
The community-owned economic development fund South Waikato Investment Fund Trust (SWIFT) is working closely with training provider Toi Ohomai Institute of Technology to construct a new $14 million South Waikato Trades Training Centre in Tokoroa. The development at 30 – 32 Chambers Street is scheduled for completion in 2022 and will cater for up to […]
The Bay of Plenty’s Regional Land Transport Plan 2021 has been approved for public consultation regarding the spend of the $3 billion budget set aside for transport development projects over the next 10 years. A sub-committee has been formed to oversee public consultation, expected to begin on March 5, and public hearings scheduled to take […]
An overseas building company has entered the New Zealand market, promising to build affordable houses in half the normal time. Panasonic Homes, part of the giant Japanese multinational Panasonic Corporation, has partnered with New Zealand residential building company Mike Greer Commercial. It is the first time Panasonic Homes has expanded outside of Asia. The company […]
Hawke’s Bay is one of Aotearoa’s premier wine spots, drawing in tourists from across the country and around the world. But the region has recently been making a name for itself because of its craft beer offerings, with several taprooms opening just in time for summer. RNZ explored three local breweries to see what the fuss […]
KiwiRail’s project for two new InterIslander ferries is progressing, with the operator signing a letter of intent for them to built at a South Korean shipyard. The letter is a non-binding agreement that allows both parties to progress to more detailed contract negotiations. KiwiRail chief executive Greg Miller said the decision to choose the Hyundai […]
According to the latest real estate data on Friday, the lack of properties for sale is putting pressure on New Zealand house prices and speeding up home sales, leading to record median house price for the fourth month in a row. Median house prices across New Zealand increased to a record median price of 749,000 […]
Passengers from the Cook Islands can resume quarantine-free travel into New Zealand from January 21, enabling access to essential services such as health, according to an official announcement on Friday. “Following confirmation of the Cook Islands’ COVID free status and the implementation of strict health and border protocols we are now in the position to […]
New Zealand’s primary sector’s economic prospects are bright despite the significant challenges from COVID-19, Agriculture, Trade and Export Growth Minister Damien O’Connor said on Tuesday. The latest Situation and Outlook for Primary Industries report forecast food and fibre export revenue of more than 47.5 billion NZ dollars for the year ending in June 2021, and […]
