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

 

New Residential Building Law Effective 1 Jan 2015

New Residential Building Law Effective 1 Jan 2015
For release: Immediately
Date: 30 December 2014

In a move to protect homeowners, the Government will from the start of 2015, require builders to keep and produce written records of any residential work valued at over $30,000.

Building and Construction Minister Dr Nick Smith announced earlier in July that from January 1, 2015 builders would need to keep a written contract (with specific clauses around warranties, dispute resolution, remedies); a checklist for consumers with tips on engaging builders and managing the project; and mandatory disclosure of information by building contractors (business information, key contacts and their role and qualifications, insurance cover held, warranties offered) for any jobs priced at over $30,000.

Dr Smith said the changes were an effort to "improve how building work is contracted in New Zealand to ensure better quality work, improved affordability and fewer disputes".

"We need to replace a 'she'll be right' with a 'doing it right' culture, with increased professionalism, open disclosure and clear expectations about what work is to be done, at what price and in what timeframe."

Builderscrack.co.nz co-owner Jeremy Wyn-Harris supports the changes and said his business had been providing a way for homeowners and tradespeople to keep a written record of all contacts and agreements for jobs of any value since 2007.

The Christchurch-based web business provides an online meeting place for homeowners seeking tradespeople. All communication and quotes are stored securely online.

A written record of all correspondence meant both parties avoids confusion and any disputes that arise can be more easily settled, Wyn-Harris said.

"When there's thousands of dollars and someone's home on the line, you need more than a handshake to seal a deal.

"Having a log of all communication and contracts agreed upon is invaluable," he said.

A homeowner from Auckland who uses Builderscrack.co.nz's to find tra despeople said "seems to keep tradesmen on their toes regarding communication - which is so often a problem with even the best tradesmen. [It's] good to have a record of all the ongoing correspondence," he said.

The new requirements were approved by Cabinet in July and were made under Part 4A of the Building Act amendments made in 2013. Instant fines of $500 would be applied for failing to comply.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>

ALSO:

NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>

ALSO:

Economy: Double-Dip Recession Next Year, But Housing Rolls On

New Zealand's economy is expected to slip back into recession early next year as delayed job losses, falling consumer spending, and the absence of international tourists bites into growth. More>>

ALSO:

Microsoft New Zealand: Microsoft Expands “Highway To A Hundred Unicorns” Initiative To Support Startups In Asia Pacific

New Zealand, 14 October 2020 – Today Microsoft for Startups launches the Highway to a Hundred Unicorns initiative in Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where 56 startups were ... More>>

Fonterra: Farmers Taking Another Step Towards New Zealand’s Low Emissions Food Production

They’re hot off the press and intended to help take the heat out of climate change. Fonterra farmers are already among the world’s most sustainable producers of milk and now have an additional tool in their sustainability toolbox. Over the last few ... More>>

ALSO:



Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>

University of Canterbury: Proglacial Lakes Are Accelerating Glacier Ice Loss

Lake Tasman, New Zealand | 2016 | Photo: Dr Jenna Sutherland Meltwater lakes that form at glacier margins cause ice to recede much further and faster compared to glaciers that terminate on land, according to a new study. But the effects of these glacial ... More>>

ALSO:

Dairy: Fonterra Sells China Farms

Fonterra has agreed to sell its China farms for a total of $555 million (RMB 2.5 billion*1), after successfully developing the farms alongside local partners. Inner Mongolia Natural Dairy Co., Ltd, a subsidiary of China Youran Dairy Group Limited ... More>>

ALSO: