Pre-Budget Forecasts – What the construction industry can expect from Budget 2017

Election year budgets have a tendency to be the most expenditure focused of the triennium, often labelled as ‘lolly scrambles’ or ‘vote buying’, and ever since Treasury released the Budget Policy Statement in December it’s been clear Budget 2017 will be no different. As the Prime Minister put it in his pre-budget speech ‘A growing economy…

Different tales from the prefab space

Over recent weeks there have been two articles in relation to prefab/modular construction. The first is a positive one about the increasing use of shipping containers as housing and retail options, much to the delight of container companies like royal Wolf (article here). The second is a less positive piece on the collapse of ABT…

Putin builds a bridge

Russia started construction on 18 March 2014 to build a 19 km bridge connecting Russia to Crimea. The ambitious $4.3 billion project is flagged to be completed by December 2018, but this seems unlikely given the labour, geography and engineering difficulties. There will be two bridges running parallel to each other. One will have four…

Wellington’s sticker collection

At primary school the more stickers you had the more popular you were. Sadly this is not the case in Wellington where a recent study by Motu Economic and Public Policy Research shows that Wellington buildings identified as earthquake prone have dropped 45% in value. The ‘stickers’, refer to the Building Act notice that is…