New Zealand (NZ) stories
Retailers, couriers and cafes could see demand rebound sharply, with most New Zealand adults expecting to return once restrictions ease.
Construction jobs and council investment could restart quickly, as Auckland submits 73 infrastructure projects for the Government’s stimulus list.
Businesses reopening at alert level three must assess COVID-19 risks, consult staff and document safety plans before resuming operations.
Transaction volumes are expected to fall sharply after lockdown, with weaker demand and limited listings likely to push prices lower.
Jobs and cashflow are under pressure as New Zealand's construction sector braces for a slow restart after lockdown.
Hundreds of millions in rent and project revenue are at risk as New Zealand's commercial property sector warns of wider economic damage.
Lockdown has forced Invercargill Central to push back its planned opening, complicating talks with Farmers and bank financing for the project.
Cashflow support and clearer contract rules could help keep builders employed and speed New Zealand's economic recovery after the lockdown.
New Zealand property owners are being urged to avoid panic decisions, as low rates and support measures may help cushion the lockdown fallout.
Routine fire safety checks are being paused in New Zealand as lockdown rules limit work to urgent tasks protecting health, safety and essential services.
COVID-19-driven revenue losses could force councils to cut infrastructure spending, hurting local economies and slowing recovery.
Online property searches have surged as lockdown restrictions curb listings, while average asking prices in March still rose 5% year on year.
One-third of construction jobs are at risk as firms brace for insolvencies and shift training and services online to survive the lockdown.
Commercial landlords could face rent relief claims as lockdowns trigger emergency no access clauses in many New Zealand leases.
Thousands of New Zealand construction workers face redundancy within months unless sites can reopen safely and government support is stepped up.
Market turmoil has scuppered Centuria Capital’s NZD $180 million bid for Augusta Capital, sending the fund manager’s shares down 8.3 percent.
Tenants face a temporary freeze on rent rises and evictions as New Zealand's four-week COVID-19 lockdown halts viewings and house moves.
Auckland’s southern land values could rise as the transport package unlocks new homes, jobs and development, Colliers says.
Thousands of New Zealand employers and workers can now apply for wage, leave and tax relief after the government unveiled a NZD $12.1 billion package.
Lower borrowing costs are expected to bolster New Zealand property demand, with record-low interest rates giving buyers greater certainty and confidence.
