New Zealand updates Building Act, eases import of overseas building materials to reduce costs and increase availability.
New Zealand's government updates the Building Act to ease the import of overseas building materials, recognizing certain overseas product standards and certification schemes. This aims to reduce domestic construction costs and increase the availability of affordable building products. However, implementation details matter as New Zealand has unique performance requirements, such as seismic performance, UV stability, and moisture tolerance. Banks and insurance companies must also consider potential risks.
April 05, 2024
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