Boom, bust, or crystal ball gazing?

This blog post is written by Ariana Stuart, a Senior Associate in Kensington Swan’s Construction and Major Projects team. Yet another report has been released considering the current construction ‘boom’. MBIE has released its National Construction Pipeline Report 2017  forecasting building and construction activity. Of note, is that MBIE has forecast the construction boom to…

Are your estimates accurate?

John Green, founder and director of the Building Disputes Tribunal, a building and construction dispute resolution service provider in New Zealand, has spoken out in a recent article about the unfair and ‘draconian’ nature of many residential construction contracts. In his opinion, residential contracts are skewed in favour of builders for two main reasons: The contracts…

Construction investment at record high

For the first time in 12 years, the number of new homes consented to in Auckland exceeded 10,000 (as at November 2016). Over 1156 consents were issued in November alone, making it the strongest month for consents in more than 10 years. The Minister for Building and Construction, Hon Dr Nick Smith, highlighted the importance…