S3.E33 - Construction insight, from the ground

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This week Kelvin opens discussion with a summary of his trip to Rotorua to be on a panel at the Master Builders conference. Challenging but not dire would probably sum up the vibe and expectations of where things are headed.

At the same conference, Housing Minister Megan Woods announced the "Build Ready Development Pathway" designed to support the industry, in particular for stalled construction. This should provide confidence and certainty to the sector, which could otherwise be lacking.

Elsewhere we released some timely new climate risk analysis (in conjunction with global reinsurer Munich RE), illustrating the current and growing cost of river floods in NZ - something which needs to be acted upon sooner rather than later.

In what was a busy media week, Kelvin fronted the latest update to the 6-monthly housing affordability report, showing some measures have improved but others haven't.

All that, plus RBNZ mortgage data, consumer confidence survey results and underwhelming retail spend figures.

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