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Welcome to our May newsletter.
It's hard to believe we are already nearly halfway through the year. As the weather cools down, it's a good time to take a moment to double check the basics, especially across the health & safety front. A quick check-in with your team and yourself can make all the difference.
I'm excited to be attending the BuildLink Tradeshow in Auckland this week on behalf of BIF NZ. I went last year and had a lot of really interesting conversations with people from all across the supply chain, so I'm looking forward to another great couple of days. Come say hi if you're attending too - the BIF NZ stand will be sitting between our friends at Gunn Talent and Qontro.
Last month marked the new financial year, and this month we can expect the New Zealand Government's 2026 Budget to be delivered on Thursday 28 May. The Minister of Finance has indicated that Budget 2026 will focus on core public services and fiscal discipline while maintaining tight control of discretionary spending to help get the Government’s books back in order. We will be sending out a special update after the 2026 Budget is released to summarise the key areas and what it means for our industry so keep an eye on your inbox on the 28th.
I, on behalf of BIF NZ, sit on a government-led building supply chain stakeholder engagement group. Our discussions recently have centred around the current fuel crisis. The consistent message at the moment is that the issue is not about the supply or scarcity of fuel, but simply the price of getting it, given the state of the Strait of Hormuz.
We've seen a definitive increase is the cost of the likes of PVC, piping, and of course, gas, as well as other critical building products, and delays to overall supply. If you are comfortable sharing what you have seen in terms of costs and delays since this conflict began, please get in touch with me via email (julien@bifnz.co.nz) so this can be relayed back to MBIE. I can anonymise the feedback before I pass it on if you would rather not have your company or product/s named.
Even if you have not experienced any changes to supply, demand, cost, etc., this will still be valuable information for the group to know. The situation in the Middle East is fluid and seems to be constantly changing. Our industry is lucky to have this kind of engagement group as a conduit to MBIE. Please take advantage of this opportunity if you have feedback to share.
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