Construction costs jump as two-thirds of firms report cancelled projects
Rising material prices and building costs are forcing clients to cancel projects across the construction sector.
Construction firms are reporting a surge in project cancellations as escalating material prices and steep building costs continue to squeeze the industry. The financial burden is forcing clients to pull back on planned work.
Covered byNewsroomNot covered byRNZStuffNZ Herald1NewsNewstalk ZBOtago Daily TimesThe SpinoffBusinessDeskinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
Newsroom
Construction costs jump as two-thirds of firms report cancelled projects
Rising material prices and steep building costs force clients to pull the plug