Source: PSA
Cost Builder – Fuel pressure building as construction costs hold steady
Construction price rises remain relatively contained, despite significant fuel pressures.
The latest QV CostBuilder monthly update incorporates more than 11,000 of the latest material price movements across six main centres, offering a detailed view of how construction costs are responding to current market pressures.
It shows that overall construction cost inflation remains relatively modest, with elemental and trade rates both increasing by an average of 0.3% between March and April 2026.
However, rising diesel costs – up 37.6% in a month and 109.8% since February – are continuing to flow through, particularly in fuel-intensive areas of work.
In the trades, excavation recorded the most significant increase this month, rising by 7.9% since QV CostBuilder’s last update. Piling and demolition also increased by 1.6% and 1.3% respectively, largely due to higher diesel prices.
Diesel costs also fuelled rises in the elemental costs, including a 2.2% increase in site preparation and a 1.9% increase in substructure costs, with exterior works also climbing 1.9% over the month partly for the same reason.
QV CostBuilder spokesperson and quantity surveyor Martin Bisset said fuel had emerged as the most significant construction cost driver this year, amid ongoing conflict in the Middle East.
“Fuel has really become the dominant cost driver in recent months. That’s where the most upward pressure on construction costs is coming from currently,” he said.
“What makes fuel different to other inputs is how broadly it feeds into the construction process – from machinery on site through to transport and materials – so the impact tends to build over time rather than show up all at once.”
“The key thing is that price pressure is building, even if it’s not fully reflected in headline cost increases just yet. Hopefully this will still be a short-term spike and price pressure will eventually ease,” he concluded.
CostBuilder is an online subscription-based building cost platform, powered by state-owned enterprise Quotable Value (QV).
It covers everything from the building costs per square metre for warehouses, schools, and office buildings, to the approximate retail supply cost of GIB and more than 8,000 other items, plus labour rates, labour constants, and more.
Visit QV CostBuilder at costbuilder.qv.co.nz.
Asia NZ Foundation – Report highlights untapped Pacific role in New Zealand’s engagement with Asia
Source: Asia New Zealand Foundation
Freight productivity measures will support jobs and economic growth – Transporting New Zealand
Source: Ia Ara Aotearoa Transporting New Zealand
Oxfam – Fossil fuel companies projected to earn almost $3,000 a second in 2026 while families struggle to afford energy bills worldwide
Source: Oxfam Aotearoa
- Scale up public climate finance. Introduce measures to tax the corporations and the super-rich profiting from fossil fuels and the cost-of-living crisis, including through a Rich Polluter Profit Tax on fossil fuel corporations and an Excess Profit Tax across all sectors. They must tackle unsustainable sovereign debt through debt cancellation, fair restructuring, and by adopting a UN framework on sovereign debt.
- Put justice at the heart of the energy transition through principles of responsible divestment. States and fossil fuel corporations must address the environmental damage and livelihood loss they’ve caused and centre the rights and participation of those communities most impacted by extractive industries.
- Implement an equity-based roadmap to end fossil fuels that reflects the historical responsibility, financial capacity and fossil fuel dependence of different states.
Awards – Nurse of the Year shines a light on leadership in aged care
Source: Aged Care Association
Local News – Mahi Rangatahi interns welcomed – Porirua
Source: Porirua City Council
ChildFund – Pacific drug trafficking surge puts children at risk
Source: ChildFund New Zealand
Lifestyle – ExerciseNZ Awards Return, Giving Kiwis Their Say Again
Kiwis are being encouraged to recognise the people and places making a real difference to health and wellbeing in their communities, with nominations now open for the 2026 ExerciseNZ Awards.
Run by Exercise New Zealand, the annual awards celebrate the exercise professionals, gyms, and exercise facilities helping New Zealanders move more, feel better, and stay connected. This year, the nomination process has been made faster and more accessible than ever.
- It takes under a minute to nominate
- There is no cost to enter
- There are even more categories – something for every role and facility type.
The Return of People's Choice
One of the most anticipated categories, the People's Choice Award, is also returning. The award gives the public across Aotearoa the opportunity to spotlight an exercise professional that has had a meaningful impact on their lives.
Exercise New Zealand Chief Executive Richard Beddie says the updates reflect the depth and diversity of the sector.
“We know there is incredible work happening every day in communities across the country. These changes make it easier for that work to be recognised and celebrated, and for more New Zealanders to have their say.”
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More Awards, More Opportunities
This year's awards also expand recognition across the industry, with new and updated categories highlighting a wider range of roles, from recreation facilities, to front-of-house teams and sales professionals.
The former Up & Coming PT category has been renamed the Emerging Personal Trainer Award, reflecting the next generation of professionals shaping the future of the industry.
Early nominations are already rolling in from across the country, signalling strong public interest in celebrating those making a positive impact through exercise.
More than just awards, the ExerciseNZ Awards recognise the people and organisations helping New Zealanders lead healthier, more active lives. Finalists and winners are selected through an independent judging process, with being named a finalist widely regarded as a mark of excellence in the industry.
