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5 Jun 2025 16:20
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  •   Home > News > Business

    Belief the construction sector's reached rock bottom

    Belief the construction sector's reached rock bottom


    The Post reports Building Research Association data shows a third of all business liquidations were construction companies.

    That figure's up 37 percent in the year to February.

    Building Industry Federation chief executive, Julian Leys says they only way from here is up.

    He says timber and steel sales through merchants and manufacturers are starting to pick up.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     05 Jun: Auckland's largest real estate company has recorded its busiest May in four years
     04 Jun: Two major banks have cut interest rates in the past 24 hours
     04 Jun: Kiwi companies worry Donald Trump's tariffs will have worse effects than the Global Financial Crisis and the Covid pandemic
     04 Jun: The Major Electricity Users' Group warns limited energy supply will continue to hamper our economy
     04 Jun: Concerns bad investment choices in electricity generation will keep our supply unreliable
     Top Stories

    RUGBY RUGBY
    Black Ferns Sevens star Michaela Brake's found a touch of familiarity after making the rugby league code switch to join the Warriors More...


    BUSINESS BUSINESS
    The Government's announced 81-million dollars to go into minimising gambling harm More...



     Today's News

    National:
    Resignation of PM’s press secretary highlights gaps in NZ law on covert recording and harassment 16:07

    Politics:
    Wayne Brown and Desley Simpson have confirmed they'll run together in this year's Auckland's mayoral race 15:57

    Entertainment:
    Cardi B spends thousands a month on her children in order to fund their lavish lifestyles 15:50

    Boxing:
    Kiwi boxer David Nyika has revealed the mental hurdles he's battled since suffering his first professional loss in devastating fashion 15:47

    Politics:
    Confirmation the Police executive knew last year about investigation of the Prime Minister's acting deputy press secretary - who's now resigned 15:37

    Business:
    The Government's announced 81-million dollars to go into minimising gambling harm 15:27

    Entertainment:
    Sydney Sweeney has confirmed that she and Jonathan Davino have split up 15:20

    Law and Order:
    A Blenheim man who murdered his mother has been sentenced to life imprisonment 15:07

    Entertainment:
    Cheryl Burke feels "better than ever" after losing weight 14:50

    Rugby League:
    Black Ferns Sevens star Michaela Brake's found a touch of familiarity after making the rugby league code switch to join the Warriors 14:37


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