ANZ Bank NZ Ltd introduced a new factor to its lending policy today – a discount for lifting the construction standard.
Statistics – be wary of them. Colliers issued its latest figures on the residential markets yesterday, and on Auckland in particular. The first statistic was population growth, and it turned out to be first in a series of national statistics, this March & last, not Auckland statistics.
It could have taken Auckland Council’s governing body a couple of minutes yesterday to tick off the appointment of a 10-member steering group to ensure the efforts of the mayoral taskforce on housing isn’t lost. But that’s not the way councillors work.
Cabinet has approved new regulations detailing new insulation & smoke alarm requirements to implement changes to the Residential Tenancies Act.
Fletcher Building Ltd chairman Ralph Waters confessed at the company’s annual meeting on Wednesday that there had been rigorous debate among the board about the direction the chief executive of a year, Mark Adamson, was taking the company, but said: “We are all aligned around the direction Mark is taking”.
The Institute of Quantity Surveyors has launched a residential “reinstatement estimate” form in response to high demand from homeowners seeking accurate rebuild costs by construction cost specialists in the face of new house insurance policies.