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


Building activity steady – Media release

Building activity steady – Media release

3 September 2014

Building activity volume showed a small increase in the June 2014 quarter, Statistics New Zealand said today.

"Overall building activity volume increased 1.0 percent in the June 2014 quarter, following 15 percent growth last quarter," business indicators manager Neil Kelly said.

Non-residential building activity volume grew a seasonally adjusted 2.5 percent, and residential building activity was unchanged from last quarter.

"The trend for all building activity has been generally rising for nearly three years, and is just 0.7 percent lower than the series high in the June 2005 quarter," Mr Kelly said.

In current prices, the unadjusted value of all building activity in the June 2014 quarter was $3.8 billion, comprising $2.3 billion residential building work, and $1.4 billion non-residential building work.

Compared with the June 2013 quarter, building activity grew most in Auckland and Canterbury regions this quarter.

We are changing the way that we measure the value of building work put in place (WPIP).

See changes to how we measure WPIP in the Data quality section.


© 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