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

 

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

March 2017: Commerce Commission Delays Decision On Fairfax-NZME

The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the advertising market. More>>

ALSO:

Plan Plan: Permanent Independent Hearings Panel Proposed For Planning

The Productivity Commission recommends creating a permanent independent hearings panel like the one that cut through local politics to settle Auckland’s Unitary Plan, for the whole country. More>>

ALSO:

Statistics: NZ Jobless Rate Falls To 5.1% Under New Methodology

New Zealand's unemployment rate fell more than expected in the second quarter as Statistics New Zealand adopted a new way of measuring the labour market to bring the country in line with international practices, and while a growing economy continued to support jobs growth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news