Insight Fuel crisis: how rising fuel costs affect construction projects and contracts The effective closure of the Strait of Hormuz and the ongoing conflict in the Middle East have sent fuel prices sharply upward in recent weeks, with diesel in New Zealand rising at more than double the rate of standard grade petrol. For construction projects, where fuel is a significant cost across the whole supply chain, the impact is being felt quickly and acutely. Owners and contractors across New Zealand are grappling with how these increased costs should be allocated, and what their contractual rights and obligations are in the current environment. Read more
Insight Transport network receives huge investment The Government has announced a record $32.9 billion investment in New Zealand’s transport network through the 2024-2027 National Land Transport Programme (NLTP). Read more
Insight Loafers Lodge Fire – Introduction of Offences and Penalties for Building Owners and Independent Certifiers On 16 May 2023 the fire at the Loafers Lodge in Newtown, Wellington, broke out killing 5 and injuring 20 people. This tragic event has resulted in a review of how building warrants of fitness (BWOF) is issued under the Building Act 2004 (Act), resulting in proposed changes to both the Act and regulations that will hopefully make not only boarding houses but all buildings subject to the BWOF regime under the Act, safer. Read more
Insight Building ESG Compliance in the Construction Industry ESG Reshapes New Zealand's Construction Industry. Explore the environmental, social, and governance challenges, potential barriers to innovation, and the impact on stakeholders in construction Read more