Urbanization stories
The sector's direct GDP contribution of NZD $29.8 billion outstrips manufacturing, agriculture and health, a new report says.
Prime office vacancy in Wellington has hit a record low as post-quake supply shrinks, leaving landlords set for higher rents.
Flood-hit communities are being urged to plan for rising sea levels and more frequent extremes as experts warn current rules lag behind climate risk.
Auckland buyers face rising prices as 3,840 apartments are forecast to be completed next year despite labour and cost pressures.
Wellington’s future growth could be slowed by quake risk and a funding model that makes new housing increasingly unviable, says Property Council Chief Executive Connal Townsend.
Delegates in Auckland will hear how disruptive technology could reshape transport and infrastructure planning at the two-day summit in June.
Planners face fresh pressure from fast-moving reforms, housing demand and hazard risks as more than 600 delegates gather in Wellington.
The report is seen as a warning that New Zealand’s planning rules are failing cities and could hamper future development unless reform is coherent.
Fragmented local decision making is still set to slow growth unless planning, funding and delivery are aligned, Infrastructure New Zealand says.
Planning reforms will face scrutiny in Wellington, with more than 600 delegates set to quiz parties on housing, growth and resilience.
Auckland’s rapid growth has left New Zealand grappling with housing shortages and overloaded transport, prompting calls for a rethink on planning.
Urban logistics is gaining value as e-commerce and same-day delivery intensify demand for scarce city-centre sites and push up rents.
Urban housing supply could rise faster as new legislation and a planned motorway route aim to ease Northland's growth bottlenecks.
