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Construction news

Former high-flying property developer ditches private jets as market turns down
Matthew Horncastle of Williams Corporation says he is now 'pretty boring'.

'Growing fast': Green light for project set to unlock 3000 homes, supermarket
The project aims to unlock land for up to 3000 homes and a new supermarket in Whangārei.

Du Val unit buyer fears reneging on $850,000 contract
'Targeted and called repetitively by young Pasifika people who got my trust.' - Keil-Hall

Crane numbers down 15% nationally with sharper drop in Auckland
'This is not surprising given the ongoing issues in the market' - Steve Gracey of RLB.

Housing glut: Auckland’s biggest agency has record unsold stock
Some Auckland vendors had begun to expect higher prices, REINZ said of February data.

Du Val saga: How were jewellery, artworks, firearms paid for?
PwC sought court orders for Clarkes to deliver assets or provide information about them.

Not so clever: Fletcher Building’s prefab house-building factory to shut
The $15m factory, which has 35 workers, will close by June 30.

‘Run out of stadiums’: Court shortage leaves North Shore kids’ basketball in crisis
About 10,000 fixtures are forced across eight North Shore venues.

‘Watershed moment’: Govt to lend to private sector for social houses
Chris Bishop is also exploring underwriting bank loans to community housing providers.