for the Building
and Construction Sector
Welcome to Building a Better New Zealand, home of the Building and Construction Industry Research Strategy.
The Building and Construction industry is New Zealand's fifth largest sector. It contributes about 4.3% to GDP and employs one in every 12 New Zealanders in the workforce, or roughly 178,000 people . Output from the sector dominates New Zealand's investment, contributing some 45% of all Gross Fixed Capital Formation. The sector also plays by far the largest role in building New Zealand's infrastructure stock, which is the foundation of productivity and economic growth. One dollar invested in building and construction, delivers three dollars in economic activity across the economy.
Building a Better New Zealand outlines the key challenges the industry faces over the next five to ten years. It provides a clear basis for the research that is required to meet these challenges and supports the building and construction industry to prosper and increase its contribution to New Zealand's economy and the well-being of New Zealander's.
This first draft of Building a Better New Zealand has been developed by BRANZ, the Construction Industry Council (CIC), the Construction Strategy Group (CSG) and the Ministry of Business, Innovation and Employment (MBIE). It follows extensive conversations throughout 2012 with industry and government.
You may notice some similarities between Building a Better New Zealand and other strategies. This is because Building a Better New Zealand is intended to complement other existing industry strategies and present them in a whole of industry context.
Once the Strategy consultation period closes on 01/03/2013 feedback will be analysed, the Strategy updated and a final Strategy will be released.
A core part of developing this Industry Research Strategy was a comprehensive industry needs survey of key businesses, organisations and individuals across the building and construction sector.
Carried out in early 2012, the survey contacted almost 10,000 people from across the entire industry and a total of 2,405 responses were received, an excellent response rate of just under 25%. This total number of responses is significantly greater than when an industry survey was last carried out in 2010 when 1,082 replies were received.
The survey will be of interest to businesses, professional organisations and policy makers. As well as having played an important role in shaping Building a Better New Zealand, the survey is also a comprehensive and valuable resource in its own right.