Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Building Consents Issued: December 2000

Building Consents Issued: December 2000

Lowest Number Of New Dwelling Units Authorised Since 1992

The number of new dwelling units authorised in December 2000, 1,285, is the lowest monthly number since January 1992, according to figures released today by Statistics New Zealand.

Although December is normally a low month, the December 2000 result is significantly lower than the mean of 1,720 for December months since 1990. During this period the number of dwelling units authorised has ranged from 1,285, in December 2000, to 2,149, in December 1997.

Overall, there were fewer new dwelling units authorised in 2000 than in 1999. In 2000, only two months recorded more than 2,000 dwelling units authorised, whereas in 1999 nine months recorded more than 2,000 dwelling units authorised.

The Auckland region recorded the greatest decrease with 450 new dwelling units authorised in December 2000. This compares to 650 in November 2000 and 769 in December 1999.

The value of consents for new dwellings in December 2000 was $206.0 million. This is down from $231.5 million in October 2000 and $248.8 million in November 2000.

In contrast the value of consents issued for non-residential buildings remains firm. In December 2000 the value of consents for non-residential buildings was $214.6 million. This compares with $217.1 million in October and $270.2 in November 2000. The trend in the value of consents for non-residential buildings has been increasing since April 1999.



© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news