The construction of new builds is coming to a halt.

About 35,000 new builds were given consent in the last year – more than a 20% drop from the period ending April 2023. 

This is being chalked up to inflation and the cost-of-living crisis. 

Chief Executive of Building Industry Federation, Julien Leys, told Tim Beveridge “The Covid building boom is over.”

Leys said “Interestingly enough, the renovation market is doing quite well – and we’ve seen a bit of a boost come through with infrastructure.”

LISTEN ABOVE.

The construction of new builds is coming to a halt. 
About 35,000 new builds were given consent in the last year – more than a 20% drop from the period ending April 2023. 
This is being chalked up to inflation and the cost-of-living crisis.  
Chief Executive of Building Industry Federation, Julien Leys, told Tim Beveridge “The Covid building boom is over.” 
Leys said “Interestingly enough, the renovation market is doing quite well – and we’ve seen a bit of a boost come through with infrastructure.” 
LISTEN ABOVE.

Don't miss a thing while you're on holiday, with Tim Dower and Newstalk ZB Holiday Breakfast. Tim delivers the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.

Don't miss a thing while you're on holiday, with Tim Dower and Newstalk ZB Holiday Breakfast.

Holiday Breakfast

Julien Leys: Building Industry Federation Chief Executive on the slowing effect of inflation on new builds

Gumboot Friday returns this week on 1st November, as communities come together to raise awareness for youth mental health around the country.

This year’s event involves the auctioning of the Hope Home, built and donated by Fowler Homes, with the proceeds going back into I Am Hope.

It comes as founder Mike King had his custom e-bike stolen from him during his I Am Climate ride around the country to raise awareness for youth climate anxiety, which has been returned to him in Tauranga.

Mike King joined Tim Beveridge to discuss more.

LISTEN ABOVE

<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Gumboot Friday returns this week on 1st November, as communities come together to raise awareness for youth mental health around the country.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">This year’s event involves the auctioning of the Hope Home, built and donated by Fowler Homes, with the proceeds going back into I Am Hope.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">It comes as founder Mike King had his custom e-bike stolen from him during his I Am Climate ride around the country to raise awareness for youth climate anxiety, which has been returned to him in Tauranga.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Mike King joined Tim Beveridge to discuss more.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">LISTEN ABOVE

Mike King: I Am Hope founder on Gumboot Friday and return of his stolen e-bike

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7c77b169-4285-4add-b84b-b216016c4b06/transcript

The long weekend's brought the worst out of boy racers.

Six people were arrested in Wairarapa, with fireworks, bottles, and rocks all hurled at Police.

The Government's already hinted tougher legislation could be on the way, which can't come soon enough for those who've had a gutsful.

Masterton mayor Gary Caffell told Tim Beveridge the gatherings are getting worse and worse.

“Unless the Government is willing to really get tough on these people, then we’re in a lot of trouble because somebody’s going to get killed. There’s no question about that.”

LISTEN ABOVE

<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">The long weekend's brought the worst out of boy racers.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Six people were arrested in Wairarapa, with fireworks, bottles, and rocks all hurled at Police.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">The Government's already hinted tougher legislation could be on the way, which can't come soon enough for those who've had a gutsful.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Masterton mayor Gary Caffell told Tim Beveridge the gatherings are getting worse and worse.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">“Unless the Government is willing to really get tough on these people, then we’re in a lot of trouble because somebody’s going to get killed. There’s no question about that.”
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">LISTEN ABOVE

Gary Caffell: Masterton mayor on six people getting arrested at boy racer meet in Wairarapa

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/baf21cc0-1e98-48c9-b79b-b216016705ee/transcript

Both US Presidential Candidates are looking to finish their campaigns strong, as election day draws closer.

10 days to go, the latest polls have narrow margins in the seven key swing states, with just one to two percentage points separating Donald Trump and Kamala Harris.

US Correspondent Richard Arnold told Tim Beveridge the race is shaping up to be one of closest in America's history.

“Trump will hold a big rally today inside New York’s Madison Square Garden, while in the middle of the week, Vice-President Harris will speak near the Washington Monument – the very same place where then-President Trump spoke on the day of the January 6th attack.”

LISTEN ABOVE

<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Both US Presidential Candidates are looking to finish their campaigns strong, as election day draws closer.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">10 days to go, the latest polls have narrow margins in the seven key swing states, with just one to two percentage points separating Donald Trump and Kamala Harris.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">US Correspondent Richard Arnold told Tim Beveridge the race is shaping up to be one of closest in America's history.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">“Trump will hold a big rally today inside New York’s Madison Square Garden, while in the middle of the week, Vice-President Harris will speak near the Washington Monument – the very same place where then-President Trump spoke on the day of the January 6th attack.”
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">LISTEN ABOVE

Richard Arnold: US correspondent on the last pushes with 10 days until election day, looking to be one of the closest in history

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2e431e81-a40c-46ab-8d7e-b216015e6947/transcript

Julien Leys: Building Industry Federation Chief Executive on the slowing effect of inflation on new builds

In 1 playlist(s)

Holiday Breakfast

Social links

Follow podcast

Recent clips