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5 Jun 2025 15:26
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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
     05 Jun: Ukraine's attack on Russian air bases marks 'next phase' in drone warfare
     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
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     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
    Ukraine's attack on Russian air bases marks 'next phase' in drone warfare More...



     Today's News

    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

    Politics:
    Wayne Brown and Desley Simpson have confirmed today they'll run together as Auckland's Mayor and Deputy in October's local elections 14:57

    Boxing:
    The upcoming opponent of boxer David Nyika believes the two-time Commonwealth Games champion will be vulnerable in next month's fight in Sydney 14:57

    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

    Entertainment:
    Mama June's family has been "brought together" by the death of her daughter 14:20

    National:
    A two-state solution is gaining momentum again for Israel and the Palestinians. Does it have a chance of success? 14:17

    International:
    What is the Big Beautiful Bill and why does Elon Musk hate it? 14:17

    Law and Order:
    A vulnerable elderly woman has gone missing in Christchurch 14:07


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