Building and Construction Minister Williamson has today welcomed a PricewaterhouseCoopers (PwC) report into the construction industry.
The report: Valuing the role of Construction in the New Zealand economy, was commissioned by the Construction Strategy Group (CSG) and launched by Mr Williamson at a CSG meeting in Auckland today.
The report highlights the key role the construction sector [...]

Christchurch mayor Wednesday revealed a $2 billion plan to revamp the city. Under the new plan, Tall buildings will be done away with and risky riverside areas kept free of development in an ambitious $2 billion vision for the new Christchurch city centre, reported the New Zealand Herald Wednesday.
The draft Central City Plan adopted Wednesday [...]

The McConnell Group has purchased the business and assets of Harker Underground Construction Limited, a New Zealand microtunnelling and pipe jacking business, based in Papakura, Auckland. The Harker brand has been re-established as a McConnell Group business.
McConnell Group Managing Director David McConnell noted that the company is operating the Harker business out of the same [...]

Crane Group directors have rejected the revised takeover offer from New Zealand’s Fletcher Building. Crane Group, the Australian building and industrial products company, has as well suspended its dividend reinvestment scheme to ensure the highest possible cash payout in the forthcoming interim dividend.
Fletcher was obliged to increase the cash component of its offer for Crane [...]