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Speaker 1: We're not done with housing yet either. Building consents have

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Speaker 1: risen three months straight September up seven percent on August

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Speaker 1: twenty seven percent higher than a year ago. September also

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Speaker 1: saw the highest number of new homes consented more than

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Speaker 1: two years. Malcolm Fleming is the New Zealand Cervid Builders CEO,

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Speaker 1: and he's with there's Malcolm morning, good morning. You're seeing

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Speaker 1: and feeling it.

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Speaker 2: Yes, we're seeing a trend, which is most welcome news.

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Speaker 2: We're seeing it on the ground as well. I'm hearing

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Speaker 2: from members that are starting against greater levels of inquiry.

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Speaker 2: Projects that have been sitting on the back burne for

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Speaker 2: a little while. We're starting to come to the forge.

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Speaker 1: Is it all Queenstown and Auckland or is it spread

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Speaker 1: more widely?

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Speaker 2: Notice spread more widely than that. And we're still focusing

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Speaker 2: here on new home consents, but elsewhere in the market.

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Speaker 2: We had some welcome news from the government about six

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Speaker 2: weeks ago, you might recall, Mike, we had the schoolworks

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Speaker 2: projects so ready to go, and then the following day

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Speaker 2: we had six hundred remain ods with the Defense Housing

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Speaker 2: so all we again we welcome news.

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Speaker 1: That's what we call a pipeline, isn't it, Malcolm.

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Speaker 2: We need the pipeline. The pipeline was blocked and we've

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Speaker 2: had some unblockage along with this new house and content work.

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Speaker 2: It's coming through, all the consenting round it's coming through,

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Speaker 2: and of course I see our drops as well. It's

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Speaker 2: all starting to amalgamate to the positive picture.

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Speaker 1: And you think it's tangible, it's real and it will

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Speaker 1: flow into next year.

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Speaker 2: I think we're going to see in twenty twenty seven

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Speaker 2: we're going to start to see that list that we've

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Speaker 2: been looking for for quite some time. And we couldn't

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Speaker 2: put this recovery off any on good stuff.

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Speaker 1: Malcolm, appreciate it very much. Malcolm Fleming, can you handle

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Speaker 1: the good News? New Zealand certified build a CEO. For

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