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

 


Bulding Act Changes Will Drive Demand for Quality Assurance

Bulding Act Changes Will Drive Demand for Quality Assurance

New measures aimed at improving building work done in New Zealand and protecting consumers will reinforce the value of contractors with a quality assurance brand, says the Electrical Contractors Association of New Zealand (ECANZ).

Under changes to the Building Act coming into force on January 2015, builders will be required to have written contracts, provide information on their backgrounds and qualifications and disclose their insurance and warranty cover for residential building work valued at more than $30,000. Builders face instant fines of up to $500 if they are caught failing to comply.

Neville Simpson, CEO of ECANZ said: “We strongly support these measures which will give consumers much greater confidence around the building contract, lifting the bar on the quality, affordability and compliance processes in the sector.

“For builders the changes will mean a much greater level of responsibility, in particular around changes to engaging subcontractors. Effectively builders will be required to give a guarantee for any building work done by subcontractors once that $30,000 threshold is reached, as well as for the quality and performance of any materials supplied by its subcontractors,” said Mr Simpson.

“Clearly this creates extra risk for the builder or main contractor. We would encourage any builder or member of the public to engage an ECANZ MASTERelectrician contractor. Then the workmanship guarantee applies and as a result, the risk is mitigated somewhat for both of those parties.”

Mr Simpson said consumers were increasingly aware of their rights and sought workmanship guarantees. Indeed, recent ECANZ research showed that 94% of respondents considered a workmanship guarantee to be critically important in the decision-making process.

“We represent electricians who have joined our association and use the MASTERelectrician brand which includes a guarantee of up to $10,000 supported by a quality assurance training programme.”
Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: 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>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news