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

 


Apartments, including granny flats, drive building consents

Apartments, including retirement units, drive building consents

Jan. 30 (BusinessDesk) – Consents for 127 retirement village units is one feature of strong building consents data for December.

They were among the 232 new apartments that received consents in December, a 57 percent rise on the same month a year ago.

The seasonally adjusted number of consents for new houses, including apartments, increased 9.4 percent in December from the same month a year ago. Consents for houses decreased 1 percent on a seasonally adjusted basis.

Statistics NZ said its estimate of the trend on the data has risen for 21 consecutive months and is 48 percent above the low point of March 2011.

The total number of new dwellings consented rose to 1,381 in December, up 23 percent on the same period a year ago, mostly due to increases in Auckland and Canterbury.

Auckland had the largest increase in new dwellings, up 140, or 48 percent, from December 2011. The increase included 76 new apartments and building was particularly strong in Rodney.

The number of new dwellings consented in Canterbury was up 82, or 41 percent. The Christchurch district notched up a 57 percent rise, Waimakariri 42 percent and Selwyn 19 percent.

Wellington experienced a 39 percent decrease.

In the 2012 year there were 3,267 consents issued, up 24 percent from the previous year, with Canterbury leading the way with a 69 percent rise.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

R18: The Warehouse Group Praised For Removing Games

The decision by New Zealand’s largest retailer The Warehouse Group (TW Group), to withdraw stocks of the latest version of Grand Theft Auto V (GTA V) and other R18 games, has been praised by advocacy group Stop Demand Foundation. More>>

ALSO:

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news