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

 


Pure Advantage to Deliver Affordable Housing for NZ

Pure Advantage to Deliver High-Performance Affordable Housing for NZ

Pure Advantage is seeking expressions of interest to build more affordable, greener new homes in off-site manufacturing pilot

Auckland, 12 February 2014 – Pure Advantage announced today that it is issuing a Request for Expressions of Interest for an at-scale pilot project to deliver high performance, affordable residential housing using off-site manufacturing techniques.

The pilot project which is believed to be the first of its kind in New Zealand will be based in the Christchurch area. Pure Advantage particularly wants to hear from any interested companies that deploy domestically-based manufacturing of building components using a local workforce, as well as nationally-sourced material.

Pure Advantage CEO Duncan Stewart says as a result of its extensive consultation and research, Pure Advantage identified sustainable housing among seven key green growth opportunities for New Zealand and has since been working with industry experts and corporate leader Kiwibank on a commercial solution.

Stewart adds that Pure Advantage asked building industry experts a key question – ‘if New Zealand has understood the health, welfare, environmental and economic benefits of affordable, sustainable housing for many years why has the country has failed to build any significant volumes?

“The answer is a complex one that included financial and legal risk, regulatory barriers and other market conditions which results in very little incentive for innovation and improvement. However the Home Advantage workstream has identified that the off-site manufacture of affordable, sustainable homes will be a key disruptive opportunity to deliver much better outcomes for the New Zealand housing market.”

“We now know that with the support of funding partners, we can not only potentially offer mortgages to homeowners but also finance the off-site manufacture builders themselves to help upscale their operations. Our intention is to deliver an at-scale pilot development of 300-500 homes to prove the business model and kick start the off-site manufacture industry.”

Copies of the Request for Expressions of Interest can be obtained by emailing info@pureadvantage.org. Responses are due Friday, 21 February at 5:00pm.

Key partners in the Home Advantage Group include Hobsonville Land Company, Auckland Council, Building and Construction Productivity Partnership, Ministry of Business, Innovation & Employment, and Beacon Pathway.

About Pure Advantage:
Pure Advantage is a not-for-profit entity comprised of business leaders who are passionate about ensuring that New Zealand becomes a greener, wealthier nation. Our aim is to articulate the green growth vision, provide a credible business case and deliver an ambitious green growth strategy for New Zealand. In doing so, we aim to enlist leaders from businesses, communities, iwi and government.

We strongly believe that the private sector, in partnership with government, can drive a new green direction for New Zealand's economy. Pure Advantage is focused on galvanising industry but we also recognise the role of government.

Underpinning our strategy going forward is the need for robust economic research that demonstrates the scale of the challenges and opportunities that we face.

Join us in improving the economy, environment and living standards of all New Zealanders, visit our website www.pureadvantage.org.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Broadband Network: Spark Launches New, Competitive Ultra Fibre Plan Line-Up

Spark is giving customers an even more compelling reason to switch to its Ultra Fibre plans from today with the introduction of new competitive pricing for the majority of its plans (details below) and Fibre Landline (voice-over-fibre technology) for ... More>>

Employment: ANZ Proposes Casualisation In Whangarei Stores

ANZ workers in Whangarei could see their incomes drop by 20 to 40 percent if the bank’s proposal to reduce the number of full-time positions goes ahead says FIRST Union national organiser Tali Williams. More>>

Finance: BNZ Develops Specialist Tāmaki Māori Banking Team

BNZ develops specialist Tāmaki Māori Banking Team to support Māori as Auckland grows More>>

Pharmaceuticals: Commerce Commission To Consider Pharmaceuticals Merger

The Commerce Commission has received an application from Pfizer Inc. seeking clearance to acquire all of the shares in Hospira Inc. More>>

Real Estate: Housing Unaffordability Issues Spread

Surging house prices in Auckland and Queenstown last month pushed home ownership even further beyond the reach of first home buyers in the two districts, according to the AMP360 Home Loan Affordability Report for March. More>>

Statistics NZ: Annual Exports To China Dip Below Australia

The value of goods exports to Australia ($8.7 billion) surpassed those to China for the year ended March 2015, Statistics New Zealand said today. More>>

Science: Hookworm Discovery At Malaghan Institute

Professor Graham Le Gros has led a team which has stimulated both innate and memory responses to the parasite, discovering along the way the unexpected behaviour of one particular immune cell, in Hookworm, one of the world’s most devastating tropical ... More>>

Business: Provinces Urged To Make Full Use Of New Air Services

Provincial New Zealand has been urged to use new air services to Auckland or risk losing them either partially or completely. The stark warning was issued today by Far North mayor John Carter at a ceremony at Kaitaia airport to mark the final Air ... More>>

Mobile: 2degrees To Credit All Calls And SMS To Nepal

In the wake of the devastating earthquake in Nepal in the weekend, 2degrees will be crediting all calls and SMS messages made to mobiles and landlines in Nepal from Friday 24th April until midnight Wednesday 29th April. More>>

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news