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Abandoned plans: Building industry at risk of cracking
Nine To Noon
English - June 15, 2020 21:10 - 21 minutes - 19.7 MB - ★★★★★ - 8 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Recent Changes Reducing Building Consents for Small Buildings
As the government details 11 job-rich infrastructure projects it hopes will repair the economy, there are warnings of a looming crash in the building industry. A new survey from the Property Council has found 70 per cent of pre-Covid commercial and industrial proposals and 50 per cent of residential builds face being delayed or cancelled due to market uncertainty. Property Council chief executive Leonie Freeman joins Kathryn. Also AUT construction management professor John Tookey, who says the government's projects aren't enough to save the industry, and is forecasting builders and other construction workers will leave for work overseas.