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Chief Executive's Report:
Julien Leys
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Dear BIF NZ members and supporters,
Summer is upon us, and another year has been and gone so soon. I'm very proud of the work that we at BIF NZ have achieved this year for our members and across the industry, and I hope you are too. Combining a recovering economy with policy changes to streamline processes in our industry, things appear to be looking up in 2026 for building and construction in New Zealand.
I would like to take this opportunity to sincerely thank all of our members for their support throughout this year. Special mention to GS1 and CreditWorks for their ongoing sponsorship and support of BIF NZ.
I also extend my gratitude to the BIF NZ board members who volunteer their time so generously for the greater good of the building industry supply chain. It's great to have Simon Burden of BuildLink back on the board and Chris Kenny from CSR as a new board member. It's been a challenging year for the building and construction industry but we are all excited to see what 2026 has to offer.
BIF NZ will be closing for the festive season from the 23rd of December through to the 12th of January but will be online periodically, so don't hesitate to get in touch with me via julien@bifnz.co.nz and I will get back to you when I am able.
I wish you a very safe and happy festive season and all the best in the new year.
Meri Kirihimete!
Ngā mihi nui,
Julien Leys
Chief Executive, Building Industry Federation of New Zealand
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In this newsletter:
- Building News
- Forsyth Barr: Building Sector Insights
- Inside NZ's house price recovery
- Stats NZ: Townhouses drive rise in new home consents
- Lending to Australian housing investors hits 10-year high
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- November 6, NZ Herald: Rising crane numbers point to tentative recovery in construction sector
- November 11, The Post: Auckland glut, IRD crackdown push more builders into liquidation
- November 13, The Press: Canterbury construction bounces back after two-year slump
- November 18, BusinessDesk: Fletcher Building in talks with parties on residential sale
- November 19, BusinessDesk: Infrastructure pipeline swells to $275b but certainty stops at the next election, Eaqub says
- November 23, The New York Times: America's Housing Crisis, in One Chart
- November 24, 1News: Building rules overhaul – home warranties, insurance, tougher penalties
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Smith Crane & Construction, via NZ Herald
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Forsyth Barr: Building Sector Insights
Forsyth Barr have shared their insights on consents in the New Zealand building sector for October. Key points include:
- Residential consents are stable at high levels
- Non-residential consents are still falling
- Regional South Island is performing the best across residential building consents year-on-year
View the December report here.
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Inside NZ's house price recovery
ANZ New Zealand Senior Economist Matthew Galt recently shared insights on the 5 in 5 podcast where he said that he sees house prices rising by a relatively slow 5% next year. Listen to the podcast for his explanation here.
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Stats NZ: Townhouses drive rise in new home consents
There were 35,552 new homes consented in Aotearoa New Zealand in the year ended October 2025, up 6.2 percent compared with the year ended October 2024, according to figures released by Stats NZ recently.
“The lift we are seeing this year is being driven by higher-density homes rather than traditional stand-alone houses,” economic indicators spokesperson Michelle Feyen said.
“Townhouses, flats, and units was the main contributor to this rise, supported by a rebound in apartment consents.”
Read more about the rise in new home consents here.
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Stats NZ
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Lending to Australian housing investors hits 10-year high
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Bernard Hickey's #5in5withANZ podcast recently featured ANZ Australia Economist Madeline Dunk analysing the surge in lending to rental property investors in October. Listen here. |
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If you would like to be on the mailing list to receive our BIF monthly newsletters directly, please let us know by emailing office@bifnz.co.nz
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