Introduction

The future of the construction sector is critical to the success of Aotearoa New Zealand. It is an important contributor to our economy, a major employer, a sector that employs many diverse people, and a key industry supporting the wellbeing of all New Zealanders through the supply of housing and infrastructure.

However, there a number of systemic challenges which are holding the sector back. Challenges such as skills and labour shortages, climate change, a poor health and safety record, unclear regulations, an uncertain pipeline of work and a culture of shifting risk, have all led to stagnant productivity and higher costs.

The Construction Sector Accord (the Accord) was created to tackle the systemic challenges causing the construction sector's underperformance. Through the Accord, the construction industry and government have partnered together to transform the sector.

In July 2022, the Accord launched the Transformation Plan 2022-2025, a three-year action plan for transforming the construction sector. This report provides an overview of the Accord's progress during the first year of the Transformation Plan 2022-2025 (from July 2022 to June 2023).