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


Commission launches website for construction industry

Commerce Commission launches website for construction industry

The Commerce Commission will today launch a new website for the construction industry. The website will help industry members increase their understanding of competition and consumer laws so they can improve their compliance.

“The idea for the website arose from our work with the sector over the last few years. We saw the need for a user-friendly guide specifically tailored to the needs of construction businesses and workers to help them understand and comply with the laws that we enforce,” said Kate Morrison, Competition General Manager.

“We’ve tried to make the language on the website really down-to-earth and practical. We want it to be a ‘one-stop shop’ for busy people. And we’ve put in lots of examples to help make the concepts more relevant,” said Ms Morrison.

“The wider construction sector is incredibly important to New Zealand’s economy for a number of reasons. Estimates suggest that we are on the brink of the largest construction boom in New Zealand for 40 years, part of which of course is due to the Canterbury rebuild but also to high levels of activity in Auckland,” continued Ms Morrison.

Overseas experience indicates that the sector is particularly susceptible to cartel, or price-fixing conduct, mainly due to structural characteristics of many construction markets. The Commission has therefore been actively working with the sector since 2010 to raise awareness of competition and consumer laws.

More recently, the earthquakes in Canterbury have also provided further opportunity for anti-competitive behaviour as the rebuild takes place. It is widely acknowledged internationally that fraud, corruption, and anti-competitive practices (eg, price fixing, bid rigging, and market sharing) occur after natural disasters.

“Because of these factors, we are hosting the launch of the website in Christchurch, but will also be sharing it with key members of the sector in Auckland tomorrow,” said Ms Morrison. “All these opportunities and risks make it really important that we focus our minds on the construction industry and do what we can to assist construction markets to work well during the rebuild and throughout the country.”
The website is


© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news