Business Confidence stories
Auckland landlords and developers now face slower office demand and delayed projects as COVID-19 and recession fears cloud the recovery.
Strong Asian demand kept dairy, meat and horticulture afloat, lifting New Zealand's land-based exports by nearly GBP £500 million year-to-date.
Investor activity may stay buoyant through the 2020 election, with Colliers saying housing policy shifts have usually had only a limited effect.
Delayed project details are leaving construction firms unable to plan, risking job losses as ministers drip-feed a $2.6 billion infrastructure package.
House prices and sales could weaken in September unless the Government extends mortgage deferrals as the wage subsidy ends and election looms.
With only a fifth of NZD$2.6 billion in promised projects released, contractors warn delays are already forcing layoffs and weakening confidence.
New Zealand commercial rents and capital values are expected to keep falling as occupiers and investors stay cautious amid coronavirus uncertainty.
Small firms face months of cashflow pain as the wages subsidy runs thin and landlords and utilities keep billing during lockdown.
Retailers, couriers and cafes could see demand rebound sharply, with most New Zealand adults expecting to return once restrictions ease.
Billions in COVID-19 spending could be used to unlock projects, create jobs and speed New Zealand’s economic recovery, Infrastructure NZ says.
Economic worries are deepening as COVID-19 threatens recession, job losses and delayed launches across New Zealand's fintech sector.
Auckland's housing recovery is gathering pace, with low rates and tight listings expected to push prices higher in 2020.
House price growth is expected to remain modest as easing lending conditions and strong migration support demand, but listings stay tight.
Lower deposit rates are pushing investors into office and industrial assets, lifting prices for scarce quality commercial buildings across New Zealand.
Borrowers and savers face a shift as New Zealand rates fall, prompting calls to move cash into productive assets rather than bank deposits.
House prices in Takapuna surged 30% to NZD $1.3 million, as council-led upgrades and new apartments fuel demand in Auckland’s bayside hub.
The project will add a 3,000sqm town square and mixed-use buildings to central Takapuna, with work expected to begin from mid-2020.
Record-low vacancies are pushing up Wellington office and industrial rents, even as investors weigh the risk of a proposed capital gains tax.
Confidence in finances, job security, and opportunities remains low among Australian professionals amid the ongoing COVID-19 crisis, LinkedIn data reveals.
Automating proof of delivery (POD) processes takes a fraction of the time compared to traditional, manual methods.