Building industry

PHOTO: SUPPLIED Auckland builder Tony Pexton says builders in the city are working flat out at present.

The first signs are emerging that building work will start to dry up next year, in line with broader economic predictions.

A post-lockdown survey by the Master Builders Association shows that nearly a third of respondents had lost more than 30 per cent of their future pipeline of work, and nearly two-thirds had seen their order book shrink by more than 10 per cent.

The survey covered more than 100 members.

 

Young Einstein

From Hollywood stardom to facing eviction: Yahoo Serious – star of Aussie classic Young Einstein

 

Master Builders chief executive David Kelly said that because builders were completing work started before lockdown, the true economic impact of Covid-19 on the building sector was still to be felt.

READ MORE VIA STUFF

MOST POPULAR